AUSTRAC Flags AML Concerns at Two Northern Australian Casinos

Australia’s financial intelligence agency AUSTRAC has directed two northern casinos—The Ville Resort-Casino in Townsville, Queensland, and Mindil Beach Casino Resort in Darwin, Northern Territory—to appoint independent auditors to examine their anti-money laundering (AML) and counter-terrorism financing (CTF) protocols. Audit scope to include oversight, risk, and monitoring: The decision comes in response to identified “potential gaps and deficiencies” in the casinos’ existing AML/CTF controls, […]