Posts Tagged :

Nicole Rose

AUSTRAC Commences Investigation into Entain Group

 The HALLO ECHO
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  The Australian Transaction Reports and Analysis Centre (AUSTRAC) has commenced an enforcement investigation into Entain Group Pty Ltd. This follows an extensive supervisory campaign that assessed entities within the corporate bookmakers sector. The investigation will focus on whether Entain has complied with its obligations under the AML/CTF Act. AUSTRAC Chief Executive Officer, Nicole Rose,…

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AUSTRAC Launches Legal Action Against Crown for Alleged AML, CTF Breaches

 The HALLO ECHO
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  The Australian Transaction Reports and Analysis Centre (AUSTRAC) has commenced civil penalty proceedings in the Federal Court against Crown Melbourne and Crown Perth for alleged serious and systemic non-compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws. This action follows proactive compliance work with the casino sector which led to a number of…

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AUSTRAC CEO Says Casinos Must Oversee Junket Compliance

 The HALLO ECHO
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  Nicole Rose, CEO of Australia’s financial crimes watchdog AUSTRAC, has stated that it is the responsibility of casino operators rather than regulators to oversee the operations of junket operators operating within their gaming facilities. According to a report by News Corp, Nicole Rose made the claim during a Senate estimates hearing at which she…

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