close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
2 mins to read

ASIC cites ‘concern’ over provision for AML penalties

Star estimates A$150m for fines in Austrac legal action after regulatory prodding. SkyCity has yet to put a number on its liability.

ASX-listed Star Entertainment was sued by Australian financial regulator Austrac in November last year.

Tim Hunter Wed, 01 Mar 2023

An A$150 million ($160m) provision for potential money-laundering penalties was acknowledged by casino operator Star Entertainment after concerns were raised by the Australian Securities & Investments Commission, the regulator said this week.

New Zealand’s SkyCity is yet to make a similar

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter Wed, 01 Mar 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
ASIC cites ‘concern’ over provision for AML penalties
Law,
97974
true