This article discusses the practical application of Bank Secrecy Act (BSA) and anti-money laundering (AML) risk management tools to manage the increased risk presented by banking products and solutions for casino customers. Specifically, some bank enhanced due diligence (EDD) programs might lack the level of rigor necessary to evaluate a casino’s BSA/AML program effectively. Crowe professionals explain how banks can achieve compliance while servicing high-risk casino customers.
