Australia could punish gambling operators for stolen funds gambling

Independent MP motions bill to ensure operators face punishment for allowing customers to gamble with illegally sourced funds

Australia could introduce new legislation to ensure operators are held accountable if customers are found to have gambled with illegally sourced funds. Independent MP Andrew Wilkie has introduced a bill to parliament, which would see operators made liable for allowing customers to bet with stolen monies. Under the bill, operators would be ordered to compensate…

Anti-money laundering | KYC | Regulation