austrac

Australia’s Biggest Casino Operator Accused of Breaching Money Laundering Laws
Australia’s Biggest Casino Operator Accused of Breaching Money Laundering Laws
March 01, 2022  |  AML

Crown Resorts, Australia’s largest casino operator, is accused of violating money-laundering mandates in a lawsuit filed by the country’s financial watchdog in federal court on...

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Australia’s Westpac Nailed For 23M AML Violations 
Australia’s Westpac Nailed For 23M AML Violations 
November 20, 2019  |  Security & Fraud

Aussie banking giant Westpac was accused of violating anti-money laundering (AML) laws 23 million times, Reuters reported on Tuesday (Nov. 19). The country’s financial crime...

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Bitcoin Daily: Bitfinex Reimbursed $110K In Stolen Crypto; Australia Eyes Blockchain For X-Border Payments Reporting
Bitcoin Daily: Bitfinex Reimbursed $110K In Stolen Crypto; Australia Eyes Blockchain For X-Border Payments Reporting
February 26, 2019  |  Bitcoin

U.S. federal law enforcement agencies have recovered $110,000 worth of stolen bitcoin, and returned it to cryptocurrency exchange Bitfinex. That amount — totaling 27.7 bitcoin...

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Australia’s AUSTRAC To Regulate Crypto Firms
Australia’s AUSTRAC To Regulate Crypto Firms
April 11, 2018  |  Cryptocurrency

In Australia, cryptocurrencies are getting more scrutiny from regulators. Reuters reports that the country has moved oversight of digital currency providers to its financial intelligence...

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Regulator Says CBA Is Stable Despite Money Laundering Charges
Regulator Says CBA Is Stable Despite Money Laundering Charges
September 14, 2017  |  Security & Fraud

A key regulator in Australia’s financial services industry said this week that the charges accusing Commonwealth Bank of Australia (CBA) of engaging in money laundering...

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