3 min read

ASIC launches civil proceedings against Star Entertainment’s 11 casino executives and directors

Australia‘s corporate regulator has commenced legal action against current and former directors and officials of casino operator Star Entertainment Group Ltd.  The Australian Securities and Investments Commission (ASIC) announced on Tuesday that it launched civil proceedings in the Federal Court against eleven people linked to the company for poor management of money-laundering risks.

Breach allegations:

The claims of the Australian Securities and Investments Commission refer to Star Entertainment’s board members between 2017 and 2019, including for…