AUSTRAC Defends AU$260 Million Penalty Against Star Entertainment
Australia.- 3 November 2026 | www.zonadeazar.com Brendan Thomas, Chief Executive Officer of AUSTRAC, Australia’s anti-money laundering and counter-terrorism financing regulator, has challenged Star Entertainment Group’s arguments concerning the financial consequences of a substantial regulatory penalty. Thomas said he never found the company’s claim convincing that a fine exceeding AU$100 million would force it into insolvency....