NEWS: Austrac probes online gambling giant Bet365 over its AML compliance

amlintelligence.com
 
NEWS: Austrac probes online gambling giant Bet365 over its AML compliance
Wild Casino

Australia’s fincrime agency, Austrac, has launched an investigation into gambling firm Bet365 over its AML/CFT compliance. “Businesses without adequate processes in place to manage those risks leave themselves vulnerable to exploitation by criminals,” said Brendan Thomas, the CEO of the Australian Transaction Reports and Analysis Centre. It follows a 2022 external audit of the firm…

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!