In the popular imagination, casinos are the Vegas Strip and Monte Carlo; banks are Main Street and Wall Street. But the two types of businesses share several legal and regulatory responsibilities, especially under the Anti-Money Laundering Act of 2020. This session is designed to help mitigate the chance of dirty money finding its way into your institution.

You will learn how to

• Identify casinos’ BSA obligations and develop robust policies and procedures to meet them

• Use enhanced due diligence to assess customer risk

• Use a risk-based approach to terminating a customer relationship