Casino or Card Club Compliance Program Assessment

This guidance outlines factors for casinos and card clubs to consider when assessing the effectiveness of their Bank Secrecy Act compliance programs. It details required elements such as internal controls, independent testing, training, and specific reporting procedures for currency transactions and suspicious activities. The document provides criteria for evaluating management commitment, audit adequacy, and operational supervision, while listing deficiencies that may result in civil money penalties or enforcement actions.

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FIN-2010-G003

Issued Date

Guidance Subject

Casino or Card Club Compliance Program Assessment

This document describes factors that a casino or card club may need to consider in assessing the effectiveness of its Bank Secrecy Act (“BSA”) compliance program. The BSA requires casinos and card clubs to develop and implement compliance programs tailored to their business activities and risk profiles. A casino or card club may not need to address each of the factors described in this document. Also, a casino or card club should not construe the factors below as exhaustive and the only ones required to be addressed.

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Lineage: In force

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Source: Financial Crimes Enforcement Network — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works