Effective June 1st, 2010, Scotiabank will be required to
comply with the Unlawful Internet Gambling Enforcement Act of 2006
(UIGEA) and Regulation GG, which was issued by the U.S. Department of
Treasury and the Federal Reserve Board. This regulation is intended to
restrict unlawful wagering via internet gambling sites by blocking
restricted transactions. Restricted transactions generally include, but
are not limited to, those in which credit or debit cards, electronic
funds transfers, checks, or drafts are used in connection with unlawful
In order to comply with these new requirements, Scotiabank has
implemented Visa’s Internet Gambling blocking service, which will result
in the decline of all online “card-not-present” gambling credit card
Cardholders will receive an email or paper notification advising them
of the new U.S. regulation with their statement over the next three
payment cycles. A copy of this notification has been provided to you by
email for your reference.
Review the Regulation GG brochure for additional information.