ASIC, lawyers for ex-Star directors knock back early trial

“For our part, we certainly understand (his) honour deals with things expeditiously at all times. We think where we are now, a trial commencing in Feb 2025 remains the preferable option.

And if your hoping for the AUSTRAC fine to come anytime soon, then think again.

Financial crime watchdog Austrac also launched a case against Star in November 2022, alleging “serious and systemic noncompliance with Australia’s anti-money laundering and counter-terrorism financing … laws.” It is likely to be heard after ASIC’s matter.