N.M. Code R. § 15.1.10.29

Current through Register Vol. 35, No. 11, June 11, 2024

Section 15.1.10.29 - COMPLIANCE REVIEW AND REPORTING

A. Whenever the board determines that special circumstances exist that require additional management review by a licensee, the board may impose a condition upon any licensee to require implementation of a compliance review and reporting system by the licensee.

B. The terms of the condition may include, but are not limited to, the requirement that:

(1) the condition will expire on a certain date or after a designated period of time without board action;

(2) the condition may be administratively removed by the board if a specified activity ceases or a specified event occurs; or

(3) a periodic review shall be conducted by the board and upon such review the board may remove or continue to require the condition.

C. Notwithstanding the provisions of subsection 15.1.10.29(B) NMAC above, a licensee may request, upon application to the board, modification or removal of the condition imposed.

D. The purpose of the compliance review and reporting system is to monitor activities relating to the licensee's continuing qualifications under the act and this title. The system shall be in the form of a written plan and shall be submitted to the board for approval.

E. The written plan shall implement the compliance review and reporting system and shall designate the person responsible for the system. The plan shall require periodic reports to senior management of the licensee. Such reports shall be advisory, and the licensee shall maintain responsibility for compliance with the act and this title. The licensee shall provide copies of the reports to the board.

F. The activities to be monitored shall be set forth in the written plan. Without limitation, the board may require the following activities to be monitored:

(1) associations with persons denied licensing or other related approvals by the board or who may be deemed unsuitable to be associated with a licensee;

(2) business practices or procedures that may constitute grounds for denial of a gaming license;

(3) compliance with other special conditions that may be imposed by the board upon the licensee;

(4) review of reports submitted pursuant to the act and rules adopted by the board;

(5) compliance with all laws and rules and orders of the board or other governmental agencies having jurisdiction over gaming activities or the licensee's or affiliate's business activities; and

(6) review of such other activities determined by the board as being relevant to the licensee's continuing qualifications under the provisions of the act and board regulations.

N.M. Code R. § 15.1.10.29

12/31/98; 15.1.10.29 NMAC - Rn, 15 NMAC 1.10.29, 3/31/00; A, 2/28/05, Adopted by New Mexico Register, Volume XXVI, Issue 19, October 15, 2015, eff. 10/15/2015, Adopted by New Mexico Register, Volume XXVII, Issue 02, January 29, 2016, eff. 1/29/2016