Tabcorp Faces AUSTRAC Investigation Over AML Controls
Australian wagering and gaming operator Tabcorp Holdings is under investigation by financial crimes regulator Australian Transaction Reports and Analysis Centre over concerns tied to anti-money laundering and counter-terrorism financing compliance. The company disclosed that AUSTRAC had informed it of “serious concerns” regarding Tabcorp’s ability to identify, mitigate and manage money laundering and terrorism financing risks. According to statements released through the Australian Securities Exchange, the investigation will initially examine whether the company maintained a compliant AML/CTF program, followed that program […] The post Tabcorp Faces AUSTRAC Investigation Over AML Controls appeared first on World Casino News.
Australian wagering and gaming operator Tabcorp Holdings is under investigation by financial crimes regulator Australian Transaction Reports and Analysis Centre over concerns tied to anti-money laundering and counter-terrorism financing compliance. The company disclosed that AUSTRAC had informed it of “serious concerns” regarding Tabcorp’s ability to identify, mitigate and manage money laundering and terrorism financing risks. According to statements released through the Australian Securities Exchange, the investigation will initially examine whether the company maintained a compliant AML/CTF program, followed that program […]
The post Tabcorp Faces AUSTRAC Investigation Over AML Controls appeared first on World Casino News.
