038-4 Wyo. Code R. §§ 4-10 - Bank Secrecy Act Compliance
(a) A sports wagering operator or sports
wagering vendor must comply with all provisions of The Bank Secrecy Act of
1970, 31 USC §§
5311 to
5332, applicable to the sports
wagering operator's or sports wagering vendor's online sports wagering
operation.
(b) A sports wagering
operator or sports wagering vendor must, with regard to its online sports
wagering operation, maintain records related to its compliance with The Bank
Secrecy Act of 1970, 31 USC
§§
5311 to
5332, including all currency
transaction reports, suspicious activity reports, and any supporting
documentation, for a minimum of five (5) years. The sports wagering operator or
sports wagering vendor must provide the records to the Commission and any
appropriate law enforcement agencies on request consistent with the
authorization prescribed in The Bank Secrecy Act of 1970,
31 USC §§
5311 to
5332, and applicable
regulations.
(c) A sports wagering
operator or sports wagering vendor must provide written notice to the
Commission as soon as the sports wagering operator or sports wagering vendor
becomes aware of a compliance review that is conducted by the Internal Revenue
Service under The Bank Secrecy Act of 1970,
31 USC §§
5311 to
5332, and involves or impacts the
sports wagering operator's or sports wagering vendor's online sports wagering
operation. The sports wagering operator or sports wagering vendor must provide
a copy of the compliance review report or the equivalent to the Commission
within ten (10) days after the receipt of the report by the sports wagering
operator or sports wagering vendor.
Notes
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