(Bloomberg) -- Singapore is considering tighter regulations at its casinos in an effort to prevent money laundering and financing for terrorism, according to the Casino Regulatory Authority.

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The regulator has already asked casino operators to lower the threshold for cash transactions that are subject to due diligence to S$5,000 ($3,588), half the current legislated level, a spokesperson said in an emailed response to Bloomberg. Singapore’s formal threshold is much higher than the global standard of $3,000 set by the anti-money-laundering watchdog Financial Action Task Force, according to the CRA.

“The Ministry of Home Affairs and CRA are reviewing the legislative thresholds in the Casino Control Act with a view to lowering these thresholds further to fully comply with the FATF Standards,” the CRA said.

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Singapore’s casino industry is under the spotlight after Bloomberg reported last week that the U.S. Department of Justice is investigating Marina Bay Sands Pte., the unit of billionaire Sheldon Adelson’s Las Vegas Sands Corp., over whether anti-money laundering controls were breached in the way it handled the accounts of gamblers.

Marina Bay Sands also faces a probe in Singapore by the CRA into its money transfer policies. Claims about these transfers surfaced in a lawsuit filed last year by Wang Xi, who sued Marina Bay Sands seeking to recover S$9.1 million that he said was sent to other casino patrons in 2015 without his approval. The Singapore Police Force is also investigating Wang’s complaint, Bloomberg News reported last month.

The review of the legislative thresholds wasn’t prompted by any investigation, the CRA said.

In its emailed response to Bloomberg about the probes, the Singapore casino said it takes any such allegations seriously. The regulator said it’s “committed to ensuring that the casinos in Singapore, including Marina Bay Sands, remain free from criminal influence or exploitation, and takes a serious view of any allegations of unauthorized money transfers.”

The CRA outlined the changes in due diligence thresholds in response to Bloomberg’s request for comment on the Financial Action Task Force report, which said last year the city-state had inadequate customer due diligence requirements for entities such as casinos and real estate agents. It said “moderate shortcomings are still affecting” the two sectors, without citing any companies.

The FATF report published in November is the third follow-up to the 2016 mutual evaluation report on Singapore.

Last year, the Singapore government agreed to extend licenses to operate casinos held by Genting Singapore Ltd. and Las Vegas Sands Corp. to 2030, in exchange for pledges to invest a combined S$9 billion in tourism projects. The casinos remain closed amid the pandemic.

(Adds CRA’s comment in sixth paragraph)

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[10 Nov 2020 update] COVID-19 PCR test within 72h before departure for all inbound travellers who are not SCs or PRs except for those from lower-risk countries/regions

Travellers who are not Singapore Citizens (SCs) or Permanent Residents (PRs) and who have a recent travel history to India, Indonesia and the Philippines must present a valid negative COVID-19 Polymerase Chain Reaction (PCR) test to enter or transfer through Singapore.

From 17 November 2020 2359 hours, all inbound travellers who are not SCs or PRs, except those from lower-risk countries/regions, will need to take a COVID-19 PCR test within 72 hours before departure. They will still be required to serve their SHN upon arrival in Singapore and be tested at the end of their SHN.

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[12 Oct 2020 update] SHN for travellers from Sabah; Pre-Departure Tests (PDT) required for travellers from Indonesia, Philippines; Reduced SHN for travellers from Hong Kong; PDT required for travellers transferring through Singapore from India

From 14 October 2020, 2359 hours, travellers with a recent travel history in the past 14 days to Sabah, Malaysia will be required to serve a 14-day Stay-Home Notice (SHN) at dedicated SHN facilities. This also applies to returning Singapore-based travellers under the Reciprocal Green Lane (RGL), as well as Malaysian Citizens and PRs entering Singapore under the Periodic Commuting Arrangement.

From 19 October 2020, 2359 hours, travellers arriving in or transferring through Singapore, who are not Singapore Citizens or Permanent Residents and who have recent travel history to Indonesia or the Philippines within the last 14 days prior to entry, will be required to take a COVID-19 polymerase chain reaction (PCR) test within 72 hours before departure. Travellers will need to present a valid negative COVID-19 test result as a condition of approval to enter or transfer through Singapore. Travellers from Indonesia and the Phillipines entering Singapore will still be required to serve a 14-day SHN at dedicated SHN facilities and to take a negative COVID-19 test before the end of their SHN.

From 14 October 2020, 2359 hours, the SHN period for travellers from Hong Kong will be reduced to 7 days.

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Travellers transferring through Singapore with a recent travel history in the last 14 days to India, will need to present a valid negative COVID-19 test result.

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[9 Sep 2020 update] Pre-Departure Tests (PDT) required for travellers from India

From 17 September 2020, 0000 hours, travellers arriving in Singapore who are not Singapore Citizens or Permanent Residents and who have recent travel history to India within the last 14 days prior to entry will be required to take a COVID-19 polymerase chain reaction (PCR) test within 72 hours before departure. Travellers will need to present a valid negative COVID-19 test result as a condition of approval to enter Singapore.

This requirement is on top of the existing requirements of a 14-day Stay-Home Notice (SHN) at dedicated SHN facilities and a negative COVID-19 test before the end of their SHN.

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[26 August 2020 update] Changes to SHN for travellers from Republic of Korea

From 29 August 2020, 0000 hours, travellers entering Singapore who have recent travel history, including transit, to the Republic of Korea, within the last 14 days will be required to serve a 14 day Stay-Home Notice (SHN) at dedicated SHN facilities instead of their own place of residence.

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Travellers will also need to undergo a COVID-19 test before the end of their SHN, as is the current requirement.

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[21 August 2020 update] Updates to border measures for low-risk countries from 1 Sep onwards