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

(Image: Getty)

Tue, 21 May 2024

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...

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