The number of Suspicious Transaction Reports (STRs) issued by Macau’s gaming operators increased by 192% year-on-year to 3,431 in 2023, up from 1,177 in the prior year period, according to data from the Financial Intelligence Office.
These formed the vast majority of the total 4,614 STRs recorded in 2023, up 110% year-on-year and reflecting the continued increase in visitor arrivals and business volumes since the easing of border restrictions in January. The total included 887 STRs from Financial Institutions and Insurance Companies, up from 765 in 2022, and 296 from “Other Institutions”, up from 257.
STRs issued by Macau’s gaming operators also accelerated in the December 2023 quarter, rising to 1,096 compared with 943 in 3Q23, 792 in Q2 and 595 in Q1.
The Financial Intelligence Office said STRs from gaming operators represented 74.4% of all STRs in 2023, up from 53.5% a year earlier. It also revealed that 116 STRs were disseminated to the Public Prosecutions Office.
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