Clifford Chance

AML compliance challenges for casinos operating in Asia Pacific

10 August 2012

Keeping the cards close to the vest is not the best strategy for casinos trying to avoid being used as money laundering outlets. Rather, transparency trumps secrecy. This is particularly true for casinos operating in the Asia Pacific region. In this area, the laws vary greatly between countries as to how far casinos can go in conducting financial transactions and whether they are covered by the relevant money laundering laws.  What can casino operators do to combat money laundering?

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