Inside Asian Gaming

inside asian gaming August 2016 26 DICJ Director Paulo Chan has wasted no time in tightening Macau’s regulatory framework – imposing some stringent but much-needed obligations upon gaming operators. W hen the new director of the Gaming Inspection and Coordination Bureau (DICJ), Mr Paulo Chan, took office late last year he pledged to improve the gaming regulatory framework and strengthen its enforcement. Mr Chan reiterated that commitment earlier this year when he addressed the audience in a key note speech delivered at the 2016 edition of G2E Asia. Only a few days prior, his first instructions to the industry had come into force. Notably, their scope is the preemption of money laundering and terrorism financing. The Instructions 1/2016 substantiate the application of the Anti- Money Laundering Law (Law 2/2006) and the Counter-Terrorism Financing Law (Law 3/2006) to gaming sector players and Rules of the game The Burden of a Leader By Rui Pinto Proença Rui Pinto Proença is a partner at MdME, where he heads the firm’s Corporate and Gaming practice. MdME is a full service Macau law firm and a member of the MLGTS Legal Circle, an integrated alliance with renowned law firms in Portuguese speaking jurisdictions. MdME is also the Macau member firm of Lex Mundi, a world leading network of independent law firms, with in-depth experience in 100+ countries and access to more than 21,000 lawyers worldwide.