Austrac chief Nicole Rose says the financial crimes ombudsman is ‘putting the whole industry on notice to lift their game’
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The Australian financial crime watchdog has launched an investigation into gambling companies Sportsbet and Bet365 on suspicions they have failed to comply with anti-money laundering laws.
The Australian Transaction Reports and Analysis Centre (Austrac) announced on Thursday that it had “reasonable grounds to suspect” Sportsbet and Bet365 had or were still contravening multiple sections of the anti-money laundering and counter-terrorism financing laws.
Continue reading…Austrac chief Nicole Rose says the financial crimes ombudsman is ‘putting the whole industry on notice to lift their game’Get our morning and afternoon news emails, free app or daily news podcastThe Australian financial crime watchdog has launched an investigation into gambling companies Sportsbet and Bet365 on suspicions they have failed to comply with anti-money laundering laws.The Australian Transaction Reports and Analysis Centre (Austrac) announced on Thursday that it had “reasonable grounds to suspect” Sportsbet and Bet365 had or were still contravening multiple sections of the anti-money laundering and counter-terrorism financing laws.Sign up for our free morning and afternoon email newsletters from Guardian Australia for your daily news roundup Continue reading…