Enforcement/asicCWLTH

ASIC v The Star Entertainment Group (directors and officers)

civil penalty23 Apr 2024

Respondent

The Star Entertainment Group Limited (and 11 directors/officers)

Facts

ASIC alleges Star directors and officers failed to act with the degree of care and diligence required, in connection with Star's failure to address risks of money-laundering, organised crime and large-scale fraud.

Outcome

Proceedings continue against directors and officers; the company has settled separately.

Read the source

https://asic.gov.au/about-asic/news-centre/find-a-media-release/

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