{"id":17066,"date":"2021-04-21T16:07:55","date_gmt":"2021-04-21T16:07:55","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17066"},"modified":"2026-04-23T20:12:37","modified_gmt":"2026-04-23T23:12:37","slug":"macau-suspicious-transactions-reports-up-7-9-in-q1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-suspicious-transactions-reports-up-7-9-in-q1","title":{"rendered":"Macau: suspicious transactions reports up 7.9% in Q1"},"content":{"rendered":"\n<p>The gaming industry filed 362 suspicious transactions reports in Macau in the first three months of 2021, up 1.5 per cent year-on-year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The<strong>\u00a0Macau Financial Intelligence Office<\/strong>\u00a0has received <strong>654 Suspicious Transaction Report (STRs)<\/strong>\u00a0in the first three months of 2021, <strong>an increase of 7.92 per cent compared with the same period in 2020<\/strong>.<\/p>\n\n\n\n<p>According to the data, <strong>55.3 per cent of the STRs were related to gaming operators<\/strong>, who accounted for 362 reports, up 1.5 per cent<strong> from 356 cases in the same period in 2020<\/strong>.<\/p>\n\n\n\n<p><strong>Financial and insurance institutions<\/strong>\u00a0accounted for<strong>\u00a0196 reports<\/strong>\u00a0(30 per cent of all reports), up from 191 in the same period last year.<\/p>\n\n\n\n<p>Reports about\u00a0<strong>other institutions rose from 69 in 2020 to 96 in 2021<\/strong>. These accounted for 14.7 per cent of all STRs in Q1.<\/p>\n\n\n\n<p>In 2020, the\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-suspicious-transactions-reports-fall-24-in-2020\">gaming industry filed 1,215 STRs in Macau, accounting for 54.6 per cent of reports<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">US to work closely with Macau on anti-money laundering controls<\/h2>\n\n\n\n<p>The US consulate for Macau and Hong Kong said in its US Integrated Country Report for Macau and Hong Kong that the US should <strong>work together with Macau\u2019s security agencies<\/strong>\u00a0to fight against money laundering.<\/p>\n\n\n\n<p>In March, the US Department of State\u2019s\u00a0<strong>2021 International Narcotics Control Strategy Report (INCSR)<\/strong>\u00a0recognised that the\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/us-recognises-macaus-tighter-anti-money-laundering-controls\">Macau government had made great strides in its anti-money laundering controls<\/a>.<\/p>\n\n\n\n<p>There are currently<strong>&nbsp;three US gaming concessionaires in Macau<\/strong>: Sands China, MGM China and Wynn Macau.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gaming industry filed 362 suspicious transactions reports in Macau in the first three months of 2021, up 1.5 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":17067,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's gaming industry filed 362 Suspicious Transaction Reports (STRs) in Q1 2021, representing 55.3% of the total 654 STRs, indicating a slight year-on-year increase in reporting activity. Concurrently, the US has affirmed its commitment to collaborate with Macau's security agencies on anti-money laundering (AML) controls, acknowledging Macau's progress in this domain.","focusai_entities":"Macau Financial Intelligence Office, US consulate for Macau and Hong Kong, US Department of State, Sands China, MGM China, Wynn Macau","focusai_location":"Macau, Hong Kong, United States","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), payments_fraud_aml (0.95), investor_analyst (0.85), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"AML Efficacy Impact","query":"How might the increased volume of STRs and enhanced US-Macau AML cooperation influence the operational costs and regulatory burden for Macau's gaming concessionaires?"},{"label":"Regulatory Framework Evolution","query":"What specific enhancements to Macau's anti-money laundering governance frameworks are anticipated following the US Department of State's recognition of progress and commitment to collaboration?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23632,23906,4138],"class_list":["post-17066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-slider-home","tag-integrated-resorts","tag-macau-casinos","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=17066"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17066\/revisions"}],"predecessor-version":[{"id":17098,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17066\/revisions\/17098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17067"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}