[Simplified Chinese] Macau’s New Anti-Money Laundering Rules Send Warnings to U.S.-Based Casinos with Operations in Macau

Effective May 13, 2016, the Gaming Inspection and Coordination Bureau of Macau promulgated Instruction No. 1/2016, entitled “Preventive Measures Against Crimes of Money Laundering and Terrorist Financing” (the “New Instruction”). The New Instruction aims to bring Macau’s AML regulatory regime closer to international standards through imposing regulations over junket operators and more comprehensive internal control requirements over casinos and junket operators.