SkyCity Entertainment settles $73.6m with Australian watchdog over law breaches
"We accept we have failed to live up to the standard required of us," says SkyCity chairperson Julian Cook.
Source: rnz.co.nz
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SkyCity Entertainment to pay $73m for anti-money laundering breaches
SkyCity Entertainment has agreed to pay a penalty of A$67 million ($73m) for anti-money laundering breaches at its Adelaide casino, the company said this...
Source: nzherald.co.nz
ASX SKC: SkyCity agrees to $67 million AUSTRAC penalty for breaking the law
The AUSTRAC matter was based on allegations the company allowed high-risk patrons to gamble more than $4 billion in dirty cash through its Adelaide casino.
Source: afr.com
NZ stocks come back down to Earth ahead of reporting season - Market close
The New Zealand sharemarket, slightly lower after a rush the day before, took a pause before the company reporting season gets into full swing next week. The...
Source: nzherald.co.nz
Why the financial services industry has to start future-proofing their operations
The digital revolution continues at pace. Yet, whilst many industries are looking to harness the transformative impact of AI and other innovative tech, there are many firms in financial services that are simply unprepared and unable to capitalize on the latest advancements.
Source: betanews.com