Manila Times Business
Pagcor tightens controls vs casino money laundering
THE Philippine Amusement and Gaming Corp. (Pagcor) has ordered casinos and other gaming sites to tighten their anti-money laundering (AML) controls, after issuing a new set of red flag indicators to detect transactions linked to corruption and illicit financial activities. “Casinos must establish internal controls and risk-based procedures that are commensurate with money-laundering risks inherent in their products, services, customer base, and delivery channels,” Pagcor said in a me
This is an excerpt. Read the full article at the original source:
Source: manilatimes.net
Read Full Article on manilatimes.net →More from Manila Times Business
Joist AI Rebrands to Kantiv, Bringing Pursuit Intelligence to AEC Marketing Teams
Just now
Spectrotel and Meter Join Forces to Deliver a New Standard in Managed Enterprise Networking
Just now
Bluejay Diagnostics Announces up to $23.6 Million Private Placement Priced At-the-Market Under Nasdaq Rules
Just now
Adverse Effects of COVID Vaccine on Musculoskeletal Conditions Need Research, according to the Journal of American Physicians and Surgeons
Just now