AUSTRAC v Tabcorp
civil penalty16 Mar 2017Penalty $45.00M
Respondent
Tabcorp Holdings Limited
Facts
Tabcorp failed to maintain an adequate AML/CTF program, failed to identify customers, and failed to report 108 suspicious matters.
Outcome
Federal Court imposed $45 million penalty — the largest at the time (later eclipsed).
Read the source
https://austrac.gov.au/news-and-media/media-release/tabcorp-45m-penaltyRules Mate links to the regulator's own publication. We do not republish full decision text. Always verify the latest status against the source before acting.