NAB, Crown Resorts, SkyCity latest targets in AUSTRAC anti-money laundering breach probes

National Australia Bank is the latest financial institution to be targeted for alleged breaches of anti-money laundering and terrorism financing laws. 

In what appears to be a blitz, the financial crime agency AUSTRAC is also pursuing Crown Resorts and the operator of Adelaide's casino for potentially breaching regulations. 

ABC's Peter Ryan says corporate Australia is now on red alert for money laundering breaches given hefy fines imposed on Westpac and Commonwealth Bank in recent years.