Legal

HISTORIC AMBASSADOR HOTEL CAUGHT IN BANKRUPTCY DISPUTE

Adelaide property aristocracy the Polites family is embroiled in a dispute over the failed tenant at its heritage-listed Ambassadors Hotel. The majestic Ambassadors Hotel has been a dominant sight on King William Street in the heart of Adelaide since 1881. Its décor and offering reflect its historic importance, but with “quirk and eccentricity” for flavour.

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AUSTRAC INCREASING FOCUS ON MONEY LAUNDERING IN HOTEL SECTOR

Recent activity by AUSTRAC (Australia’s financial intelligence agency, governing anti-money laundering and counter-terrorism financing) is believed to be part of plans for increased reporting by hospitality operators, says consultant firm Risk Training Australia.   Submitted by Phillippa Lloyd, Risk Training Australia AUSTRAC recently published a notice advising all pubs and clubs they do not have

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