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• Regulated casinos use” “these methods to make sure the protection and trustworthiness of transactions.
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RA No. 10927, which designates casinos as covered persons, took effect on 29 July 2017 and included casinos within the scope of AMLA, while the CIRR was implemented on 4 November 2017. To minimize the exposure of casinos to money laundering and terrorism financing, AMLA and the CIRR provide three (3) institutional layers of prevention. Second, appropriate government agencies (AGA), namely PAGCOR, CEZA, and APECO, with respect to their casino operations and licensees, supervise these casinos’ compliance with their MLPPs. Finally, the AMLC ensures that the AGAs, as the supervising authorities, as well as covered persons comply with their duties over casinos on AML/CFT matters.

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