Gambling venues are obligated to implement certain actions in an ongoing manner. These requirements include, but are not limited to:

•  Assessment of risks associated with the provision of the ‘designated services’
• Development of a compliance program for the collection and verification of the identity of anyone receiving ‘designated services’
• Venue staff undertaking risk awareness training

Barrington Corporate Risk have developed a program to ensure compliance with this mandatory legislation. Our program includes facilitating the development of:

• Procedures for collection and reporting of information on ‘suspicious activities’

• Procedures for collection and reporting of information on ‘threshold transactions’
• A management plan, including nominating a ‘compliance officer’
• Procedures for the maintenance of records collected to comply with the AML/CTF Act, ensuring compliance with privacy, secrecy, recording and storage requirements
• and training staff in procedures developed to mitigate risks in providing ‘designated services’

For more information complete the enquiry form to have a Barringtons representative contact you!