Following an investigative inquiry into SkyCity in June of last year, AUSTRAC is looking into the provider. An AUSTRAC business compliance campaign that started in September 2019 led to the inquiry.
According to the govt agency, SkyCity Adelaide failed to properly appraise the money laundering as well as terrorism financing threats it faced, including the possibility and effect of those risks, as well as to recognize and respond to shifts in risk over tenure.
According to the govt agency, SkyCity Adelaide failed to properly appraise the money laundering as well as terrorism financing threats it faced, including the possibility and effect of those risks, as well as to recognize and respond to shifts in risk over tenure.