SkyCity strikes deal with Internal Affairs over anti-money laundering breaches

SkyCity strikes deal with Internal Affairs over anti-money laundering breaches
(Image: Getty)
Staff reporters
SkyCity has struck a deal with the Department of Internal Affairs to resolve court proceedings for non-compliance on anti-money laundering and terrorism financing law breaches.Chair Julian Cook announced the company had admitted it breached its obligations.“On behalf of the SkyCity board and management team, I accept and apologise for these long-standing failings,” Cook said.“We have fallen short of the standards we should hold ourselves to, alongside failing to meet the expectations of our regulators, customers, shareholders...