AUSTRAC releases junket tour operations money laundering and terrorism financing risk assessment – 11 December 2020

AUSTRAC launched its money laundering and terrorism financing (ML/TF) risk assessment of the junket tour operations (JTOs) sector and classed the risk as ‘High’. The assessment concludes that the main criminal threat facing the JTOs sector is money laundering. 

https://www.miragenews.com/austrac-releases-junket-tour-operations-money-laundering-and-terrorism-financing-risk-assessment/