The operator faces a $44.6 million fine for violating the Anti-Money Laundering and Counter-Terrorism Financing Act of 2006, according to a proposal filed with the Federal Court of Australia by SkyCity and the Australian Transaction Reports and Analysis Centre.
A judge will consider the proposal on June 7 and determine whether or not this amount is approved.
SkyCity has acknowledged that it violated anti-money laundering and counterterrorism financing regulations, and it has therefore acknowledged wrongdoing in connection with the charge.
A judge will consider the proposal on June 7 and determine whether or not this amount is approved.
SkyCity has acknowledged that it violated anti-money laundering and counterterrorism financing regulations, and it has therefore acknowledged wrongdoing in connection with the charge.