AUSTRAC and SkyCity agree to proposed $67 million penalty
https://i0.wp.com/hallocompliance.net/wp-content/uploads/2024/05/141258-austrac-and-skycity-agree-to-proposed-67-million-penalty.jpg?fit=1024%2C576&ssl=1 1024 576 The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=gReading Time: < 1 minute SkyCity Adelaide Pty Ltd (SkyCity) and AUSTRAC have filed joint submissions with the Federal Court of Australia, proposing a $67 million penalty over the casino’s contravention of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). A court hearing has been set down for 7 June 2024, at which Justice Lee…
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