Casino Control (Prevention of Money Laundering and Terrorism Financing) (Amendment) Regulations 2024

No. S 861

Casino Control Act 2006

Casino Control
(Prevention of Money Laundering
and Terrorism Financing)
(Amendment) Regulations 2024

In exercise of the powers conferred by section 200 of the Casino Control Act 2006, the Gambling Regulatory Authority of Singapore, with the approval of the Minister for Home Affairs, makes the following Regulations:

Citation and commencement

1.—(1) These Regulations are the Casino Control (Prevention of Money Laundering and Terrorism Financing) (Amendment) Regulations 2024 and, except for regulation 10, come into operation on 14 November 2024.

(2) Regulation 10 is deemed to have come into operation on 31 December 2021.

Amendment of regulation 1

2. In the Casino Control (Prevention of Money Laundering and Terrorism Financing) Regulations 2009 (G.N. No. S 507/2009) (called in these Regulations the principal Regulations), in regulation 1, replace “and Terrorism Financing” with “, Terrorism Financing and Proliferation Financing”.

Amendment of regulation 2

3. In the principal Regulations, in regulation 2 —

(a)

in the definition of “higher‑risk patron”, replace “and terrorism financing” with “, terrorism financing or proliferation financing”; and

(b)

after the definition of “politically‑exposed person”, insert —

“ “proliferation financing” means the financing of proliferation of weapons of mass destruction;”.

Amendment of regulation 11

4. In the principal Regulations, in regulation 11 —

(a)	in the regulation heading, replace “$10,000” with “$4,000”; and
(b)	replace “$10,000” with “$4,000”.

Amendment of regulation 12

5. In the principal Regulations, in regulation 12 —

(a)	in the regulation heading, replace “$5,000” with “$4,000”; and
(b)	in paragraph (1), replace “$5,000” with “$4,000”.

Amendment of regulation 13

6. In the principal Regulations, in regulation 13(1A) and (3)(a), replace “the risk of money laundering and terrorism financing” with “the risks of money laundering, terrorism financing and proliferation financing”.

Amendment of Part IV heading

7. In the principal Regulations, in Part IV, in the Part heading, replace “AND TERRORISM FINANCING” with “, TERRORISM FINANCING AND PROLIFERATION FINANCING”.

Amendment of regulation 17

8. In the principal Regulations, in regulation 17 —

(a)	in the regulation heading, replace “and terrorism financing” with “, terrorism financing and proliferation financing”;
(b)	in paragraphs (1), (3)(a), (4)(a), (c) and (d) and (5)(a), replace “and terrorism financing” with “, terrorism financing and proliferation financing”;
(c)	in paragraphs (4)(b) and (5)(b), replace “the risks of money laundering and terrorism financing” with “any risk of money laundering, terrorism financing or proliferation financing”; and
(d)	in paragraph (4)(d)(ii)(A), (B), (C) and (D), replace “or terrorism financing” with “, terrorism financing or proliferation financing”.

Amendment of regulation 18

9. In the principal Regulations, in regulation 18(a), (b) and (c), replace “and financing of terrorism” with “, terrorism financing and proliferation financing”.

Miscellaneous amendments

10. In the principal Regulations —

(a)	in regulation 2, in the definition of “suspicious transaction report”, replace “section 39 of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (Cap. 65A)” with “section 45 of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992”;
(b)	in regulation 2, in the definition of “Suspicious Transaction Reporting Officer”, after “Act”, insert “1992”; and
(c)	in regulation 19(3)(a), replace “(Cap. 325)” with “2002”.

[G.N. Nos. S 63/2010; S 320/2015; S 412/2019]

Made on 11 November 2024.

TAN TEE HOW

Chairperson,
Gambling Regulatory Authority of
Singapore.

[MHA 112/2/00107; AG/LEGIS/SL/33A/2020/18]

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