Singapore legislation
Regulation 12
Regulation 12
Identification and verification of identity for deposit of $4,000 or more
Subregulation 1
Where a deposit of $4,000 or more in a single transaction is made into a patron’s deposit account, the casino operator shall ––
establish the identity of the person making the deposit; and
where the deposit is made in person —
record the identifying information of the person making the deposit; and
verify his identity using reliable and independent sources.
Subregulation 2
The casino operator shall, in addition, keep the following records in respect of every deposit referred to in paragraph (1):
the date of the deposit;
the amount of the deposit;
the account number of the deposit account into which the deposit was made;
the identifying information of the patron;
the type of instrument by which the deposit is made, or whether the deposit is made in cash or chips;
the name of the issuer of the instrument, if any;
all reference numbers (including the number of any cheque, bank draft, money order or other instrument); and
the name and special employee licence number of the authorised employee who carried out the transaction.