All Casinos have a duty to maintain compliance with the Title 31 regulations as it is required by FinCEN and the IRS. This commitment starts with prioritizing compliance among the property’s objectives, policies and procedures, and should be implemented through employee training, AML program monitoring and enforcement.
AML training programs are not a “one size fits all”. Building a strong and robust training program should consider the size of the property, the roles and responsibilities of each employee and the method of communication for the required training. The assigned training courses should be completed on a recurring basis to ensure employees are understanding compliance fundamentals and any changes to the gaming laws and regulations to maintain compliance on property.
Self-reporting demonstrates to FinCEN that the property is committed to building a culture of compliance as reporting of completed training is required for all employees. Manual reporting can take a multi-person team to keep track and depends on the coordination and cooperation between various departments within the property.
Casino Essentials has an Online Solution for you!
We understand the importance of employee training and building a strong AML Compliance program at your property. Since the gaming industry is unique and requires very specific course content, we designed our training to range from required compliance content to professional roadmaps for frontline to executive team members. Our course catalog includes a Title 31 Suite for employee training. Our Title 31 Suite training courses are regularly updated to comply with Federal training requirements
Casino Essentials’ learning management system, CELEXA, is the most user-friendly platform on the market, and allows for automated course completion tracking. Our support team assists with assigning the correct course content for all employees varying by department and provides regular updates with employee completion reports. Check out our recent blog Training Completion Tracking Made Easy to learn more!