Austrac

That was Crown’s cue to plead that the imposition of an upfront and payable fine of $450 million would be damaging to its financial position, and even flirt with the notion that it could be a company killer. This was based on an affidavit…

AUSTRAC chief executive Nicole Rose said the casino sector was at risk of exploitation by organised criminals who seek to clean their dirty money.Loading“Crown’s contraventions of the AML/CTF Act meant that a range of obviously high-risk…

CHICAGO, Jan. 10, 2023 (GLOBE NEWSWIRE) -- In a release issued August 11, 2022, under the same headline by Zero Hash Holdings, please note that text in the third paragraph has been changed from "tastyworks (now owned by IG Capital)" to…

Reading Time: 3 minutesIn the digital age, land-based casinos could soon become a thing of the past. The number of people playing at online casinos is rising because it is more convenient than traditional methods. In…

The financial watchdog is taking Star Entertainment to Federal Court, launching civil penalty proceedings against the embattled casino operator for alleged systemic non-compliance with Australia’s anti-money laundering and counter-terrorism…

Two of Australia’s biggest bookkeepers may face multi-million dollar fines and severe regulatory interventions following an audit authorised by Australia’s financial crime watchdog over money laundering concerns.The Australian Transaction…

Reading Time: 2 minutes  The Star Entertainment Group has appointed Zhan Spalding to its senior leadership team, taking up the newly created role of General Manager Surveillance Queensland and further supporting a commitment…

The government’s transaction watchdog has launched an enforcement investigation into wagering group Entain following an assessment of its bookmaking entities.The Australian Transaction Reports and Analysis Centre (Austrac) will consider…

Anti-money laundering agency AUSTRAC has ordered the WA government-owned Perth Mint to appoint an external auditor amid concerns the precious metals enterprise may not have complied with regulations, including the reporting of suspicious…

CHICAGO, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Zero Hash Holdings today announced that its Australian subsidiary, Zero Hash Australia Pty Limited (“Zero Hash Australia”), has successfully registered with the Australian Transaction Reports…