The Royal Commission’s most senior lawyer went on to outline how Crown management and its culture had put profit ahead of integrity, regulation and the law.

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Money laundering concerns have dominated the inquiry, which looked at the extent to which Crown failed to address its financial crime risks.

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The multibillion dollar losses suffered by Credit Suisse following the collapse of Greensill Capital and Archegos Capital may well rank among the most significant risk and compliance failures of the past decade.

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