Regulation 12

the credit assessment criteria by which the creditworthiness of a patron is to be assessed;

the credit limits applicable to different classes of patrons;

the approving authority and procedures for the approval of —

the establishment of a credit account or cheque-cashing account for a patron; and

the patron’s credit limit and any increase in credit limit;

the procedures for the issuance of credit and the administration of a credit account or cheque-cashing account;

the records and documents to be kept and checks to be carried out in relation to a credit account or cheque-cashing account; and

debt recovery procedures.

cause its credit policy, procedures and controls to be reviewed at least once in every 6 months by an employee or employees holding a senior managerial or executive position of the casino operator or licensed international market agent, as the case may be;

ensure that its credit policy, procedures and controls are implemented in all its branch offices, whether in Singapore or elsewhere; and

produce its credit policy, procedures and controls to the Authority for inspection whenever requested to do so.