Part III: Business & Regulation · Gaming Regulation & Compliance
Bank Secrecy Act (BSA)
AML/CFT
The foundational US federal law enacted in 1970 that establishes the primary framework for anti-money laundering regulation. The BSA requires financial institutions, including casinos meeting gross annual gaming revenue (GGRA) thresholds, to maintain records, file reports, and implement programs designed to detect and prevent money laundering and the financing of terrorism. Casino compliance with the BSA is enforced by FinCEN and the IRS.
Related terms
More in AML/CFT
AML Program·Structuring·Anti-Money Laundering (AML)·Title 31·SMURFing·Placement·Layering·Integration
One entry from the Casino Industry Glossary — 1,157 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.