Casinos

Bank Secrecy Act and implementing legislations consider casinos to be financial institutions. Casinos are therefore required to maintain anti-money laundering compliance programs which are commensurate with the unique risks posed by each individual casino including reporting and record-keeping requirements.

All casinos must develop and implement a written Bank Secrecy Act (BSA)/Anti Money Laundering (AML) Compliance Program. An effective BSA/AML program is designed to prevent the casino from being used to facilitate money laundering and terrorist financing and must be based on an assessment of the possible risk that these situations may occur.

Our custom risk-based compliance program tailored to your unique customer based and risk profile will include the required elements of Bank Secrecy Act.

Our consultants have experience conducting compliance oversight of high-risk businesses and will use care and diligence in reviewing your policies and processes, training manuals, and transaction monitoring to ensure your program abides by the required elements of an effective compliance program.

Contact us to discuss how our knowledgeable consultants can assist you.