AUSTRAC implements new AML and CTF regulations
The Australian Transaction Reports and Analysis Centre’s (AUSTRAC) reforms introduced in 2024 have now come into force, imposing stricter compliance demands for businesses...
Australia
Star Entertainment Australia gets $390M WhiteHawk deal
Australia’s Star Entertainment has announced that it has secured a $390 million commitment from WhiteHawk Capital Partners in an effort to give the operator liquidity to...
AUSTRAC to reform its AML and terrorism financing framework
AUSTRAC has announced that it plans to reform its anti-money laundering and counter-terrorism financing frameworks in order to fully eliminate weaknesses.The Chief...
Football Australia bans players linked to match-fixing
Football Australia has imposed multi-year bans on four professional players after investigations revealed match-fixing breaches.Clayton Lewis and Kearyn Baccus have been...
“Fortune teller” laundered $528K in Star Casino
Sydney’s Star Casino allowed Anya Phan, a self-proclaimed “fortune teller”, to launder around $528,000, despite casino officials knowing she was unemployed and living off a...
Crown Melbourne fined $100,000 in Victoria
The Victorian Gambling and Casino Control Commission (VGCCC) has fined Crown Melbourne after an excluded gambler managed to gamble for nearly 15 hours without being noticed. ...
AUSTRAC sends warnings to payment providers over child abuse risks
Australia’s financial crime regulator, AUSTRAC, has issued a strong warning to online payment platforms after discovering transactions that may be linked to child sexual...
Australian betting regulator NTRWC stops accepting gifts
Australia’s Northern Territory Racing and Wagering Commission (NTRWC) is taking steps to distance itself from gambling operators after concerns about close ties with the...
Betfair fined AU$850,000 over VIP spam violations
The Australian Communications and Media Authority (ACMA) fined Betfair over AU$850,000 for sending promotions to VIP customers who didn't meet spam regulations.An...
