Federal Court of Australia Validates AU$450 Million Crown Resorts Settlement Agreement With AUSTRAC

It was recently unveiled that Crown Resorts, Australia’s largest gaming and entertainment group, has been fined AU$450 million ($300 million) by the Australian Transaction Reports and Analysis Center (AUSTRAC), Australia’s anti-money laundering and counter-terrorism financing regulator, for 546 violations of country’s anti-money laundering laws related to its junket operations, notably the former Macau-linked Suncity. Additionally, […]