The Chilean Superintendency of Gambling Casinos (SCJ) has updated an agreement with the Financial Analysis Unit (UAF). The agreement aims to promote new money laundering and terrorist financing prevention measures in local casinos.
The signatures of UAF Director Javier Cruz and Superintendent Vivien Villagrán renew a Framework Collaboration Agreement that was first signed in 2009 and adheres to international standards.
The agreement calls for specific inspection programs for Chilean gambling establishments. It also calls for training for UAF and SCJ officials on common interest issues and promotion activities.
“The new agreement streamlines coordination between the two entities. For example, it works to carry out activities to verify compliance with rules and regulations. It also strengthens information exchange related to administrative sanctioning procedures initiated at gambling casinos,” explained the SCJ.