HomePublicationsNewsletter ArchiveVolume 19Issue 12REGISTER NOW: Title 31 Webinar - Part 2 to be Held May 22, 2013

On April 17, 2013, the first of a two-part Title 31 Compliance Webinar series was held  by casino industry professionals working together to enhance the casino industry's awareness of the Federal Anti-Money Laundering (“AML”) regulations. The series has been organized by the State Gaming Associations in Colorado, Indiana, Iowa, Louisiana, Michigan, Mississippi, Missouri, and Nevada.

Part One of the series, A Casino Case Study, explored a real-life Casino AML audit case that resulted in penalties and fines by the Financial Crimes Enforcement Network (FinCEN). Presenters discussed the potential consequences of insufficient compliance programs, noting that FinCEN has issued severe penalties to both business organizations and individual employees for failing to meet AML standards. The session provided attendees with an overview of common regulatory and internal control violations experienced by gaming properties, as well as discussed the legal standards for compliance with AML regulatory provisions.

Part Two of the series will be held on May 22, 2013 at 2p.m. EST. This session will build on the information provided in Part One, providing suggestions and guidelines for developing an effective AML compliance program. Industry experts will share their experiences in creating comprehensive solutions to common AML compliance issues, as well as address any questions that were raised during Part One of the series. A program outline is included below and includes information on how to register to attend Part Two.

More information on Part One of the series can be accessed at www.casinowebinar.com.

Part 2 – Developing a Comprehensive Compliance Program

Cost: Free to Michigan Gaming Newsletter subscribers - $50 for non-subscribers

May 22, 2013 from 2-3 p.m. EST

· Introduction into a Comprehensive Compliance Program

· A Compliance Program’s Impact on Operations

· A Walk-through of Proper Form Filing Procedures

· Experience with Common Technical Difficulties and Troubleshooting Procedures

· Written Q & A Session Directed at Answering Specific Attendee Questions Submitted From Series One

Click Here to Register or visit www.casinowebinar.com for more information.

 

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