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AUSTRAC

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Crypto ATMs such as these are being used to launder money and scam Australian “money mules”.

Australians turned into money mules chasing crypto cash

Australia has the third-largest number of cryptocurrency ATMs in the world. They are being used to launder money for organised criminals.

  • Shane Wright

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The Star needs friends now more than ever.

New gambling rules burn big hole in Star casino’s books

Restrictions on gambling with cash at Star’s flagship casino sent revenue plunging, adding to concerns about its viability.

  • Colin Kruger
CBA has had a win in the Federal Court, which dismissed two shareholder class actions against the bank.

Federal Court dismisses disclosure class actions against CBA

The judge found even though Commonwealth Bank was aware of problems before AUSTRAC’s 2017 case, it had not breached continuous disclosure obligations.

  • Clancy Yeates
The Star’s former chief financial officer has accused her former boss of failing to be transparent about its financial position.

The Star suggested burying $3.2 million in cash losses: Former CFO claims

Former chief financial officer Christina Katsibouba has made a series of allegations about the company’s failure to be transparent with investors and other executives regarding its financial position.

  • Amelia McGuire
The Star’s flagship casino has been given a six-month deadline to regain its licence or face the possibility of closing.

Four ways the cards could fall for Star Sydney

Star Sydney’s current and former executives are about to be hauled before Adam Bell, SC, for a second time in 18 months – and the stakes are high.

  • Amelia McGuire
Denise Coates is the richest self-made British woman.

Britain’s best-paid woman hit by money laundering failures fine at gambling empire

Online gambling firm Bet365 has been fined $1.1 million in the UK after failing to prevent potential money laundering and protect vulnerable customers.

  • Daniel Woolfson and Chris Price
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Paul Jevtovic has implored the federal government to strike the right balance on its privacy reforms.

Balance the right to privacy with stamping out organised crime: NAB

Attorney-General Mark Dreyfus is this year expected to legislate changes to the decades-old Privacy Act, after a review by his department recommended 116 changes to better protect the personal information of Australians.

  • Sumeyya Ilanbey
bet365 will be investigated by AUSTRAC over anti-money laundering and counterterrorism law compliance

Bet365 investigated in anti-money laundering probe

The financial watchdog is investigating the wagering business over anti-money laundering and counterterrorism financing compliance.

  • Amelia McGuire
SkyCity Adelaide revised its provision for its looming AUSTRAC penalty to $73 million on Thursday.

SkyCity braces for $73m penalty after probe by financial crime watchdog

SkyCity will face the Federal Court in June over alleged breaches of anti-money laundering and counter-terrorism financing laws at its Adelaide casino.

  • Amelia McGuire
Gold prices are near record highs in Australian dollar terms.

‘The curse of gold’: Ubiquitous symbol of wealth still fuels war and abuse

Easy to smuggle and sell virtually anywhere, gold continues to fund armed conflict in Africa and child labour in Australia’s region.

  • Sumeyya Ilanbey

Original URL: https://www.watoday.com.au/topic/australian-transaction-reports-and-analysis-centre-1n7r