PAGCOR Orders Casinos to Strengthen AML Controls After Review
The Philippine Amusement and Gaming Corporation (PAGCOR) has instructed licensed gaming operators to reassess their anti-money laundering and counter-terrorism financing safeguards after its latest sector-wide review identified significant financial crime exposure across the casino industry. PAGCOR circulated the directive through an advisory issued on July 13, following board approval of its second Casino Sector Anti-Money Laundering and Counter-Terrorism Financing Risk Assessment on June 25. The assessment examined conditions between 2021 and 2024 and classified money-laundering risk in the Philippine casino […] The post PAGCOR Orders Casinos to Strengthen AML Controls After Review appeared first on World Casino News.
The Philippine Amusement and Gaming Corporation (PAGCOR) has instructed licensed gaming operators to reassess their anti-money laundering and counter-terrorism financing safeguards after its latest sector-wide review identified significant financial crime exposure across the casino industry. PAGCOR circulated the directive through an advisory issued on July 13, following board approval of its second Casino Sector Anti-Money Laundering and Counter-Terrorism Financing Risk Assessment on June 25. The assessment examined conditions between 2021 and 2024 and classified money-laundering risk in the Philippine casino […]
The post PAGCOR Orders Casinos to Strengthen AML Controls After Review appeared first on World Casino News.
