Macau Remains a Money Laundering Hotbed

Forensic & Litigation Consulting

January 2, 2014

Macau is not only the world’s biggest gambling centre, but also has the largest exposure to money laundering compared to other thriving gaming markets. Although the former Portuguese colony has improved its regulatory climate significantly in the past decade, with several new laws in the pipeline, it is still considered an immature market without the resources required to properly and rigorously examine suspicious transactions.

FTI Consulting has conducted many investigations in Macau, often focused on the potential exposure of certain entities and individuals to money laundering activities. In this article, I will identify the particular issues that underpin Macau’s risk profile, referring to some recent assignments, before looking at the outlook for its gaming sector, and concluding with practical measures for companies seeking to mitigate the risks.

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