Singapore legislation

Regulation 13A

of Casino Control (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Regulations 2009

Regulation 13A

Customer due diligence measures for existing customers

Amended byS 320/2015 wef 02/06/2015

A casino operator must, based on the casino operator’s assessment of materiality and risk, perform the customer due diligence measures prescribed in this Part in relation to any transaction or series of transactions carried out by any existing patron, taking into account —

(a)

any customer due diligence measures that were previously applied to that patron;

(b)

when customer due diligence measures (if any) were last applied to that patron; and

(c)

the adequacy of information already obtained by the casino operator in relation to that patron.