Singapore legislation

Regulation 18

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

Regulation 18

Training

Amended byS 861/2024 wef 14/11/2024S 861/2024 wef 14/11/2024S 320/2015 wef 02/06/2015S 861/2024 wef 14/11/2024

A casino operator shall take all necessary steps to ensure that its employees (whether based in Singapore or elsewhere) are regularly trained on ––

(a)

the laws relating to the prevention of money laundering, terrorism financing and proliferation financing, and in particular —

(i)

the customer due diligence measures required to be carried out;

(ii)

the detection and reporting of significant cash transactions; and

(iii)

the detection and reporting of suspicious transactions;

(b)

the prevailing techniques, methods and trends in money laundering, terrorism financing and proliferation financing; and

(c)

the casino operator’s policies, controls and procedures and the roles and responsibilities of its employees in preventing money laundering, terrorism financing and proliferation financing.