Australia’s financial crimes watchdog AUSTRAC has commenced civil penalty proceedings in the Federal Court against Star Entertainment Group entities The Star Pty Limited and The Star Entertainment QLD Limited for alleged serious and systemic non-compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws, it announced early Wednesday.
The proceedings follow the launch of an investigation into Star in June 2021, which was expanded to incorporate the company’s Queensland operations in January of this year.
