Financial Crime Financial Crime

The Star allowed China UnionPay card holders to sidestep AML rules, Australian inquiry told

By James Panichi
  • 26 Aug 2022 07:30
  • 26 Aug 2022 07:30
High-rolling gamblers using China UnionPay credit cards at The Star casinos in the Australian state of Queensland were able to sidestep Chinese currency-limit restrictions and Australian bank anti-money laundering safeguards by debiting funds to the casino’s hotel, an inquiry has heard.

According to evidence presented to an independent review of The Star’s

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James Panichi

Senior Editor, Asia Pacific

James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the European operation of US political website Politico as an investigative reporter specializing in governance, transparency and lobbying.

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