Lists of enforcement actions taken

AUSTRAC can take enforcement action against reporting entities who don’t comply with AML/CTF legislation. These enforcement actions are:

  • civil penalty orders
  • enforceable undertakings
  • infringement notices
  • remedial directions.

AUSTRAC publishes information about its enforcement actions. We do this so we remain transparent and accountable and to provide information about our enforcement actions to all reporting entities.

You can find out more about the consequences of not complying.

AUSTRAC can apply for a civil penalty order from the Federal Court of Australia.

The Court may then order a reporting entity to pay money to the Commonwealth.

Current Court Proceedings

The Star Pty Limited and The Star Entertainment QLD Limited (the Star Entities)

On 30 November 2022, AUSTRAC applied for civil penalty orders against The Star Pty Limited and The Star Entertainment QLD Limited (the Star Entities) for alleged serious and systemic non-compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws.

Information about these proceedings includes:

Concluded Court Proceedings

SkyCity Adelaide Pty Ltd

On 7 December 2022, AUSTRAC applied for civil penalty orders against SkyCity Adelaide Pty Ltd (SkyCity) for alleged serious and systemic non-compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws.

On 17 May 2024, AUSTRAC and SkyCity filed joint submissions with the Federal Court of Australia, proposing a $67 million penalty. A hearing was scheduled for 7 June 2024 for Justice Lee to consider the proposed penalty and make a final decision.

On 7 June 2024 the Federal Court of Australia ordered SkyCity to pay the $67 million penalty for its breaches of the Act.

Information about these proceedings includes:

Crown Melbourne and Crown Perth

In March 2022, AUSTRAC applied for civil penalty orders under the AML/CTF Act against Crown Melbourne Ltd and Burswood Nominees Ltd (Crown Perth).

On 30 May 2023, AUSTRAC and Crown filed joint submissions with the Federal Court of Australia, proposing a $450 million penalty. A hearing was scheduled for 10 and 11 July 2023 for Justice Lee to consider the proposed penalty and make a final decision.

On 11 July 2023 the Federal Court of Australia ordered Crown to pay the $450 million penalty for its breaches of the Act.

Information about these proceedings includes:

Westpac Banking Corporation (Westpac) 

In November 2019 AUSTRAC applied for a civil penalty order under the AML/CTF Act against the Westpac Banking Corporation (Westpac) for serious alleged breaches of the AML/CTF Act.

On 24 September 2020 AUSTRAC and Westpac jointly filed in the Federal Court an agreed statement of facts including agreeing on a proposed civil penalty of $1.3 billion. A hearing will be scheduled in the Federal Court in the coming months to consider the admissions and proposed penalty.

Information about this penalty includes:

Commonwealth Bank of Australia (CBA)

In August 2017 AUSTRAC applied for a civil penalty order under the AML/CTF Act against the Commonwealth Bank of Australia (CBA). On 20 June 2018 the Federal Court ordered CBA to pay a penalty of A$700 million.

Information about this penalty includes:

Tabcorp

In July 2015 AUSTRAC applied for a civil penalty order under the AML/CTF Act against Tab Ltd, Tabcorp Holdings Ltd and Tabcorp Wagering (Vic) Pty Ltd (‘Tabcorp’). On 16 March 2017 the Federal Court ordered Tabcorp to pay a penalty of A$45 million.

Information about this penalty includes:

You may offer an undertaking to the AUSTRAC CEO setting out how you will comply with AML/CTF laws. The CEO may choose to accept such undertakings.

We can publish these undertakings.

2024

OrganisationStatus
Sportsbet Pty Ltd (PDF, 1.63MB)Ongoing

2023

OrganisationStatus
Gold Corporation (PDF, 1.76MB)Ongoing
Bank of Queensland Ltd (PDF, 250KB)Ongoing
PayPal Australia Pty Ltd (PDF, 740KB)Ongoing
Cash Converters (PDF, 2.38MB)Concluded

2022

OrganisationStatus
ING Bank (Australia) Pty Ltd (PDF, 7.06MB)Concluded
National Australia Bank Limited (PDF, 2.17MB)Ongoing

Concluded enforceable undertakings prior to 2016

OrganisationYear concluded
(Varied) Custom House Currency Exchange (Australia) Pty Ltd (PDF, 349KB)2016
Custom House Currency Exchange (Australia) Pty Ltd (PDF, 599KB)2014
Your Express Service (YES) Pty Ltd (PDF, 366KB)2012
Mojgan Zojaji trading as Mega Trade Interchange (PDF, 266KB)2011
George Thomas Hotels Pty. Limited (PDF, 281KB)2010
Argos Investments Pty Ltd (PDF, 259KB)2010
George Thomas Hotels (Bradbury) Pty Limited (PDF, 291KB)2010
George Thomas Hotels (Campsie) Pty Limited (PDF,289KB)2010
George Thomas Hotels (Hurstville) Pty Limited (PDF, 291KB)2010
George Thomas Hotels (Madison) Pty Ltd (PDF, 287KB)2010
George Thomas Hotels (QLD) Pty Limited (PDF, 286KB)2010
Barclays Bank (PDF, 2.1MB)2009
Eastern & Allied Pty Ltd trading as Hai Ha Money Transfer (PDF, 204KB)2009
Mega International Commercial Bank Co,. Ltd (PDF, 1.4MB)2009
PayPal Australia Pty Ltd (PDF, 197KB)2009

AUSTRAC can issue a reporting entity with an infringement notice if AUSTRAC has reasonable grounds to believe it has breached certain AML/CTF laws.

2024

2020

2019

2015

2014

2013

The content on this website is general and is not legal advice. Before you make a decision or take a particular action based on the content on this website, you should check its accuracy, completeness, currency and relevance for your purposes. You may wish to seek independent professional advice.

Last updated: 14 Jun 2024
Page ID: 170

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