Detecting, reporting and preventing money laundering are the overarching regulatory expectations of a casino anti-money laundering program. You can’t effectively detect money laundering if you don’t know what it looks like. This course focuses on understanding money laundering and how criminals use casinos to facilitate their criminal activity. Practical solutions to essential components of an anti-money laundering program will be discussed, including the preparation of a risk assessment, deploying due diligence, the preparation of CTRs and SARs, monitoring for suspicious activity, declining business with excessive money laundering risk and fostering a culture of compliance — a strong regulatory expectation.
The training will share tips on working through IRS BSA audits and on how to handle law enforcement’s request for information. The goal of this course is to equip casino professionals with the ability to identify money laundering risks and methods to mitigate such risks.
- FinCEN overview
- CTR and SAR reporting
- Potential threats and mitigating risks
- Due diligence
- BSA audits
- Information requests from law enforcement
Who should attend:
Directors, managers and supervisors involved in casino operations. Anti-Money Laundering personnel also will benefit from this course.
Email firstname.lastname@example.org, call (800) 233-8928 or visit our website for information about gaming management education and a full schedule of our upcoming courses.