AUSTRAC Opens Investigation Into Bet365 For Potential Breaches of AML/CTF Laws

The Australian Transaction Reports and Analysis Center (AUSTRAC), Australia’s anti-money laundering and counter-terrorism financing regulator, has started an inquiry into Bet365, an online gambling firm based in the UK. The reason for the investigation is potential violations of counter-terrorism financing (CTF) and anti-money laundering (AML) laws by Bet365. Previous audit as reason for ongoing investigation: […]