The Rules establish a three-tier PEP framework: foreign politically exposed person (always triggers enhanced CDD); domestic politically exposed person (triggers enhanced CDD only where ML/TF risk is high); international organisation politically exposed person (same treatment as domestic). For each PEP, the venue must establish on reasonable grounds the source of the PEP's wealth and the source of the PEP's funds. A foreign PEP who has ceased the position for ≥12 months is treated as a domestic PEP (s.6-23(3)) for the purposes of initial CDD where their status arises from the same foreign country.
Working draft, not legal advice
The plain-English summary above is drafted by Venue Axis as a navigation aid. The citation is the authoritative source — treat it as the definitive reference. For a legal interpretation of this obligation in your venue's context, talk to your counsel.
Civil penalty for failing to apply enhanced CDD to a foreign PEP, or for failing to apply it to a high-risk domestic/international-organisation PEP. Senior-manager approval is required where a previously-PEP customer continues to receive designated services per Rule 6-23(5) (programme requirement).
Consequences are summarised from the underlying legislation. Specific penalties depend on the breach pattern, prior history, and the regulator's enforcement posture. Talk to a liquor and gaming lawyer for a definitive view of your venue's exposure.
The venue must have a written AML/CTF programme document covering risk assessment, governance, training, independent review, and transaction…
The venue must conduct and document a money-laundering / terrorism-financing risk assessment covering customer types, designated services, d…
The governing body of the venue must approve the AML/CTF programme and document that approval.
The programme must be evaluated by an independent party (internal audit, external auditor, or consultant) at least once every three years, w…
Employees whose duties include AML/CTF obligations must receive appropriate training and the venue must maintain records of training complet…
Before providing a designated service above the threshold, the venue must identify the customer and verify their identity using reliable and…
Filter by jurisdiction, strategic tier, who's bound. The search-and-skim view; this page is the per-obligation deep link.
The 75-Part Self-Audit Checklist L&GNSW inspectors walk through, and how Venue Axis is structured around it.
Free tools, comparisons, regulatory explainers — the full Venue Axis library, organised by category.
The browseable tree is the inventory. The in-product working surface adds live evidence linkage, CL1002 alignment, and freshness scoring on top. First three months free, no card up front.