Austrac raises money-laundering accusations against Australian casinos

first_img“NAB has an important role in monitoring and reporting suspicious activity and keeping Australia’s financial system, our bank and our customers safe. Tags: Star Entertainment SkyCity Crown Resorts Austrac NAB Austrac raises money-laundering accusations against Australian casinos 7th June 2021 | By Robert Fletcher The Australian Transaction Reports and Analysis Centre (Austrac), a government-run national financial intelligence agency, has raised allegations related to money laundering activities against a number of leading land-based casino operators in the country. In addition, Austrac contacted NAB over potential breaches of both the AML/CTF Act and AML/CTF Rules, citing “potential serious and ongoing non-compliance” with customer identification procedures, ongoing customer due diligence and compliance with part of its AML/CTF program. Crown Resorts, Star Entertainment and SkyCity Entertainment Group have received notice of the allegations, while the National Bank of Australia (NAB) has also been contacted by Austrac. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter According to Crown, Austrac’s Regulatory Operations branch identified potential serious non-compliance with the AML/CTF Act and AML/CTF Rules, while Austrac having initiated a formal enforcement investigation into the compliance of Crown Perth. Austrac, which monitors financial transactions in order to identify money laundering, organised crime, tax evasion, welfare fraud and terrorism financing, said the allegations relate to “serious non-compliance” with the Australian Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) and the Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (AML/CTF Rules). Elsewhere, SkyCity said its allegations were for potential serious non-compliance by SkyCity Adelaide, again relating to ongoing customer due diligence, adopting and maintaining an AML/CTF Program and compliance with such a program.  Subscribe to the iGaming newsletter “SkyCity takes its anti-money laundering responsibilities and obligations very seriously,” SkyCity said. “SkyCity has processes and practices in place in its business to detect and prevent money laundering and continually reviews these to ensure it meets all anti-money laundering requirements.” Casino & games The Austrac Enforcement Team will now carry out an investigation into the matter, while the agency advised it has not made a decision regarding any regulatory response that it may apply to Star. Section 68 of the Act prohibits a casino operator from, in connection with gaming or betting in the casino, providing money or chips as a part of a transaction involving a credit or a debit card. Crown transacted over AUS$160m (£88m/€102m/US$124m) through the process, which ceased in November 2016. “It is a key priority for everyone at NAB to uplift our financial crime capabilities, minimise risk to customers and the bank, and improve operational performance. That’s why we are so focused on getting the basics right every time to protect our customers and our bank.”center_img Austrac identified the issues in a compliance assessment conducted in September 2019, which focused on the casino’s management of customers identified as high risk and politically exposed persons over the periods 1 July 2015 to 30 June 2016 and 1 July 2018 to 30 June 2019.  Austrac became aware of the issues during a compliance assessment in September 2019, which focused on the casino’s management of customers identified as high risk and politically exposed persons during the period from 1 July 2015 to 30 June 2016 and also 1 July 2018 to 30 June 2019. Meanwhile, Star Entertainment said its notice was in relation to the Star Sydney property, with potential non-compliance related to concerns regarding ongoing customer due diligence, adopting and maintaining an AML/CTF program and compliance with such a program.  Austrac’s enforcement team has initiated a formal enforcement investigation into NAB, but stated it is not considering civil penalty proceedings and that this decision is “reflective of the work undertaken” by NAB to date. Crown said investigations are ongoing and it has notified the Victorian Commission for Gambling and Liquor Regulation and the Victorian Royal Commission about the issue. “The Star takes its anti-money laundering obligations very seriously and will fully co-operate with Austrac in relation to its requests for information and documents and the investigation,” Star said in a statement. Regions: Australia The agency has not yet stated what form of regulatory action SkyCity may face, but it will request further information of the operator. SkyCity said will fully co-operate with Austrac during the investigation.  Email Address NAB noted that referral to Austrac’s enforcement team follows regular engagement by the bank with the agency “over a long period of time”, both to report issues and keep Austrac informed of progress in uplifting and strengthening the group’s own AML/CTF program. Topics: Casino & games Legal & compliance Land-based casino Legal Crown also said it received legal advice a practice that existed at Crown Melbourne between 2012 and 2016 contravened section 68 of the Victorian Casino Control Act 1991. This involved Crown receiving payment from debit or credit cards of international guests at Crown Melbourne’s Crown Towers Hotel, with the funds then made available to the patron for gaming at the casino. Crown said its notice was in reference to its Crown Perth property, with the site having been under investigation since October last year over a potential breach of regulations. The bank added that it has invested approximately $800m as part of a multi-year program to improve its financial crime and fraud controls and has more than 1,200 people dedicated to managing financial crime risks. “NAB takes its financial crime obligations seriously,” NAB chief executive Ross McEwan said. “We are very aware that we need to further improve our performance in relation to these matters. We have been working to improve and clearly have more to do.last_img read more

Fidson Healthcare Limited (FIDSON.ng) 2014 Annual Report

first_imgFidson Healthcare Limited (FIDSON.ng) listed on the Nigerian Stock Exchange under the Health sector has released it’s 2014 annual report.For more information about Fidson Healthcare Limited (FIDSON.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Fidson Healthcare Limited (FIDSON.ng) company page on AfricanFinancials.Document: Fidson Healthcare Limited (FIDSON.ng)  2014 annual report.Company ProfileFidson Healthcare Limited manufactures and sells pharmaceutical and nutraceutical products in Nigeria including over-the-counter, ethical and consumer products. The company produces various drug classes for antacid and ulcer care, anti-diabetic, anti-malaria, anti-diarrhea, anti-psychotic as well as osteo-care, pain relief, colds and flu, thrombo-prophylactics and cardio-vascular products. Fidson Healthcare Limited also produces a range of nutraceuticals (health) products. The company was incorporated in 1995 and its head office is in Shomolu, Nigeria. Fidson Healthcare Limited is listed on the Nigerian Stock Exchangelast_img read more

DN Meyer Plc (DNMEYE.ng) Q12015 Interim Report

first_imgDN Meyer Plc (DNMEYE.ng) listed on the Nigerian Stock Exchange under the Building & Associated sector has released it’s 2015 interim results for the first quarter.For more information about DN Meyer Plc (DNMEYE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the DN Meyer Plc (DNMEYE.ng) company page on AfricanFinancials.Document: DN Meyer Plc (DNMEYE.ng)  2015 interim results for the first quarter.Company ProfileDN Meyer Plc manufactures and sells high quality paint for the residential, industrial, automotive, marine and construction sectors in Nigeria. Products in its extensive range include decorative paint, wood paint, vehicles finishes, industrial and marine coatings, road lining paint, roof coating and tube coating. The company also produces a range of tile adhesives. DN Meyer Plc has business interests in selling and renting residential apartments and building and restoring properties. Founded in 1940 and formerly known as DN Meyer Plc, the company changed its name to Meyer Plc in 2016. The company’s head office is in Ikeja, Nigeria. DN Meyer Plc is listed on the Nigerian Stock Exchangelast_img read more

R.T. Briscoe Nigeria Plc (RTBRIS.ng) Q12019 Interim Report

first_imgR.T. Briscoe Nigeria Plc (RTBRIS.ng) listed on the Nigerian Stock Exchange under the Engineering sector has released it’s 2019 interim results for the first quarter.For more information about R.T. Briscoe Nigeria Plc (RTBRIS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the R.T. Briscoe Nigeria Plc (RTBRIS.ng) company page on AfricanFinancials.Document: R.T. Briscoe Nigeria Plc (RTBRIS.ng)  2019 interim results for the first quarter.Company ProfileRT Briscoe Nigeria Plc imports and markets a range of automotive vehicles, power equipment and industrial equipment in Nigeria. Its product range includes some of the world’s most recognised and widely respected automobile and industrial equipment brands. Briscoe Toyota markets, sells and services a range of Toyota commercial and passenger vehicles. The Industrial Equipment division markets, sells and services a range of industrial, mining, drilling and construction equipment under the franchise of various international brands which includes Elgi air compressors, Ford motors, Toyota forklifts, Raymond forklifts and Briscoe Toyota warehouse equipment. The company also offers a logistics and warehousing service. Its head office is in Lagos, Nigeria. RT Briscoe Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

National Tyre Services Limited (NTS.zw) 2020 Abridged Report

first_imgNational Tyre Services Limited (NTS.zw) listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2020 abridged results.For more information about National Tyre Services Limited (NTS.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the National Tyre Services Limited (NTS.zw) company page on AfricanFinancials.Document: National Tyre Services Limited (NTS.zw)  2020 abridged results.Company ProfileNational Tyre Services Limited is the largest distributor and retailer of new tyres and tubes for the automotive industry in Zimbabwe. Its focus is on re-lugging tyres used in the agricultural and earthmoving sector and the procurement of truck tyres for the Zimbabwe transport industry. Popular tyre brands sold by National Tyre Services include Dunlop, Firestone, Bridgestone, Yokohama, Pirelli, Bandag, Regal and Comforser. It offers products in its ranger catering for sedans, SUVs, off-road vehicles, light trucks and heavy-duty trucks and buses. Its service outlets deal with wheel alignment, wheel balancing, product support and inner tyre tubes. The company has a national footprint with 12 retail outlets in major towns and cities in Zimbabwe. The re-lugging factory is in Harare and Chiredzi and re-treading and procurement of truck tyres is done out of Harare and Bulawayo. National Tyre Services Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Alastair Kellock to captain Scotland

first_imgKellock, who has won 27 caps, told www.scottishrugby.org today: “To get the chance to captain Scotland for the opening Six Nations game is huge.“I was delighted to make the squad, especially after being out for almost six months with my knee after Argentina, and now to be named as captain, is a real highlight, particularly with the competition for places.”Kellock, who first experienced captaincy in the age-group teams at the Allan Glen’s club, went on to skipper Edinburgh, his first professional side, and Glasgow Warriors.He contends that he learned much from Todd Blackadder, the former All Blacks captain, during his stint with Edinburgh.  “When (Todd) got to a point in his career when he was 27 or 28 he said to himself ‘What are you waiting for?’.  You are not going to get anywhere in rugby by sitting back and saying: ‘what if’.  That has stuck with me quite a lot,” he explained.You can hear a full audio interview with Kellock by logging on to www.scottishrugby.org Alastair Kellock, the 29-year-old Glasgow Warriors lock, was named today as the man to lead Scotland into the 2011 RBS 6 Nations Championship.Head coach Andy Robinson is restoring Kellock to the captain’s role which he performed with distinction on last summer’s tour to Argentina, where Scotland posted a historic 2-0 series success.Robinson declared: “Al’s leadership on and off the field was a key element to our success in Argentina and, since his return from knee surgery, the quality of both his personal displays and the way he has galvanised the Glasgow side, especially over the last month, has been really pleasing.“I have spoken about the importance of broadening the influence of leaders throughout the side and Rory Lawson, Mike Blair and Chris Cusiter have all led the side well.”Kellock made his Championship debut against France in 2006 and he will lead Scotland in the competition for the first time against the same opponents at the Stade de France a week on Saturday.In addition to the victories in South America last summer, Kellock also took on the captaincy when Chris Cusiter was injured at Murrayfield against Australia in the autumn of 2009 and piloted Scotland to that epic win – the first over the Wallabies in 27 years.Scotland go into their match against France in 11 days’ time having won five of their last six cap internationals, a sequence which has seen them triumph in Ireland for the first time in 12 years and defeat world champions South Africa en route to rising to seventh in the IRB’s world rankings. The Scotland team to play France will be announced next Tuesday (1 February) and first details will appear on that website and its sister website www.scotlandrugbyteam.orgcenter_img LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALSlast_img read more

The Séqué / Gardera-D Architecture

first_imgSave this picture!© Mathieu Choiselat+ 21 Share CopyHousing•Bayonne, France CopyAbout this officeGardera-D ArchitectureOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingBayonneFrancePublished on April 10, 2017Cite: “The Séqué / Gardera-D Architecture” 10 Apr 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – Metropol ClassicVinyl Walls3MVinyl Finish – DI-NOC™ Abrasion ResistantPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceCarpetsB&B ItaliaCarpet – TwistBeams / PillarsLunawoodThermowood Frames and BearersMembranesEffisusHow to use Fire Protection MembranesSoftware / CoursesSculptformSpecification Tool – Price and Spec AppFittingsHOPPEFloor Spring – AR2950DoorsLinvisibileLinvisibile FILO 10 Vertical Pivot Door | BrezzaWood Boards / HPL PanelsInvestwoodViroc Nature for False Ceilings and FlooringFiber Cements / CementsDuctal®Textured PanelAcousticConwedAcoustic Panels – Eurospan®More products »Save想阅读文章的中文版本吗?法国 The Séqué / Gardera-D 建筑事务所 + Philippe Pastre 工作室是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Area:  5000 m² Year Completion year of this architecture project The Séqué / Gardera-D Architecture ArchDaily “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/868743/the-seque-gardera-d-architecture-plus-atelier-philippe-pastre Clipboard The Séqué / Gardera-D ArchitectureSave this projectSaveThe Séqué / Gardera-D Architecture Photographs Year: center_img Architects: Gardera-D Architecture Area Area of this architecture project Housing 2014 France Manufacturers: Technal, Aluform, DoerkonAssociate Architect:David PradelProject Manager:Délphine PrunetTechnical Studies Structures:BatiserfLandscaper:Cyrille MarlinProject Owner:Habitat SudAtlanticCity:BayonneCountry:FranceMore SpecsLess SpecsSave this picture!© Mathieu ChoiselatRecommended ProductsEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornMetallicsSculptformClick-on Battens in Ivanhoe ApartmentsMetallicsStudcoWall Stop Ends – EzyCapFiber Cements / CementsDuctal®Ductal® Cladding Panels (EU)Text description provided by the architects. Living in the countryside.A small courtyard, a back entrance on the kitchen side, a hut, a dead tree, garden boots, smells, be in touch with nature, birdsong, animals, a vegetable garden, a shed for tools, a pergola, ivy along the walls, piles of wood, a tree under which to shelter, a forest, an undergrowth, a river, an attic, a chicken coop, a bench, a pond, a well, a fountain, a path … Living outside, space, air, light. How to live the countryside? How do you live in a forest? What are the ambiances? What are the specific characteristics of a habitat in the countryside?Save this picture!© Mathieu ChoiselatSave this picture!Site PlanSave this picture!© Mathieu Choiselat A highly contextual architecture, generous balconies, traversing housings…Those are qualities that appears generally at the end of the studies. Here they are the starting point. Delivered in December 2014, the simple and compact volumetric ensures both technical and economical efficiency on the construction. We developed a very rational system of construction and distribution of housing so that we could integrate in the budget of the operation external surfaces largely dimensioned Save this picture!© Stéphane ChalmeauSave this picture!SectionSave this picture!© Mathieu ChoiselatOur wish is to be able to offer each inhabitant large spaces of external life associated with their housing, in direct contact with the landscape.Save this picture!© Stéphane ChalmeauProject gallerySee allShow less2017 European Union Prize for Cultural Heritage / Europa Nostra Award Winners AnnouncedArchitecture NewsThe Courtyard House / De Rosee SaSelected ProjectsProject locationAddress:Bayonne, FranceLocation to be used only as a reference. It could indicate city/country but not exact address. Share Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/868743/the-seque-gardera-d-architecture-plus-atelier-philippe-pastre Clipboard Photographs:  Mathieu Choiselat, Stéphane Chalmeau, Patrick Miara Manufacturers Brands with products used in this architecture project “COPY”last_img read more

“Financial Times” Guide to Using the Financial Pages (Financial Times Series)

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. “Financial Times” Guide to Using the Financial Pages (Financial Times Series) Howard Lake | 29 January 2008 | News  13 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Ireland Funds income down by nearly $6 million last year

first_imgIreland Funds income down by nearly $6 million last year  83 total views,  1 views today Tagged with: Finance Funding Ireland AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  84 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Howard Lake | 27 November 2017 | News The Ireland Funds raised over $25 million last year for charitable causes in Ireland and Irish causes worldwide, down from $31 million in 2015, according to the charity’s accounts.Contributions from individuals directly to the Funds and through donor advised funds was down from $18.6 million to just under $10 million. Net income from fundraising events was €7.8 million, a drop of over $1 million from the year before. The gross income from events in 2016 was $11.5 million.The fundraising events are mainly high profile gala balls in cities such as New York and Washington DC where prominent figures from the Irish government and Irish American society usually attend.Total grants and ‘programmes services’ in 2016 came to $15.8 million, a fall of nearly $10 million on the year before. The Ireland Funds gave out 800 grants last year to 336 projects, mainly through its Small Grant Round for projects under €7000 and its Flagship Grant programme which provides multi-year funding up to €50,000.The Funds spent $1.8 million on administration last year and $1.7 million on fundraising, up nearly 10% on the year before. Net assets stood at $14 million.The Ireland Funds is chaired by Irish American hotelier John Fitzpatrick. Two years ago the Funds closed its ‘Promising Ireland’ campaign which raised $226 million.last_img read more

Iowa protest tells Trump: ‘Stop racist attacks!’

first_imgBy Mike KuhlenbeckDes Moines, IowaProtesters denounced Republican presidential candidate Donald Trump’s “racist attacks” during his live, Jan. 15 appearance on the “Morning Joe” TV program in this city. Over 30 demonstrators rallied before dawn at Java Joe’s Coffeehouse to protest the real estate billionaire for his “racist, anti-immigrant, anti-Muslim rants” during an interview with cable news talking heads Joe Scarborough, Mika Brzezinski and Willie Geist of MSNBC.Trump’s interview was part of his recent campaign stop in the Hawkeye State weeks before the Iowa caucuses on Feb. 1. “I really want to win Iowa,” Trump told the audience. Demonstrators inside and outside the building wanted to make it clear that he was in a minority in that regard. During Trump’s on-air interview, his opponents loudly chanted, “Stop the Hate!” which led to hostile comments from the “Morning Joe” hosts. Brzezinski said: “Get them out. Don’t give them their coats.” Scarborough joked: “It’s minus 80 out there and meteors are coming down. Throw them out.” The rally was organized informally by local activists. Groups represented included the American Friends Service Committee, Des Moines for Palestine, Iowans for Bernie Sanders and others. Two days prior to the demonstration, AFSC Iowa Program Coordinator Kathleen McQuillen told Iowa Free Press that if Trump “chooses to use hateful, abusive language there are people everywhere who will stand up to expose and oppose his hostility.” Activist Katie Huerter, AFSC peacebuilding associate, said the rally was organized to show Trump, Hillary Rodham Clinton and all major media that Iowa welcomes refugees, immigrants and diversity. Racists, however, are unwelcome. Trump calls for building a wall on the border between Mexico and the U.S., for assassinating family members of suspected terrorists and for herding Muslims into internment camps. He has been endorsed by the White Nationalist group American National Super PAC and former grand wizard of the Ku Klux Klan, David Duke.“It is worth noting that there would be less need for protests if the mainline media would do their jobs,” McQuillen told WW. Demonstrators carried signs with slogans like “Don’t Fence Me In,” “Climate Change is Not a Hoax,” and other rebuttals to the candidate’s fascist-like comments.“There have been demonstrations in other cities and I hope they will continue as long as any of the candidates demean and scapegoat specific populations,” McQuillen said.Mike Kuhlenbeck is a journalist, activist and National Writers Union UAW Local 1981/AFL-CIO member from Des Moines, Iowa.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more