Cooperation between financial intelligence units (FIUs) and anti-money laundering/counter-terrorism financing (AML/CTF) regulators is vital in the global fight against money laundering and terrorism financing.
AUSTRAC and its international counterparts share information about:
- financial transactions
- financial intelligence
- anti-money laundering and counter-terrorism supervision
- general anti-money laundering and counter-terrorism financing issues and statistics.
This information exchange benefits:
- the work of FIUs
- AML/CTF regulators
- law enforcement agencies tracking the international movements of the proceeds of crime.
Terms of international exchange
Before exchanging information with a foreign FIU or regulator, AUSTRAC negotiates a written exchange instrument. Each exchange instrument provides a framework and parameters for information exchange with that particular foreign jurisdiction.
- To view our international partners, please see our exchange instruments list.
- Click here to view AUSTRAC's policy on communication of AUSTRAC information to a foreign country.
AUSTRAC coordinates visit programs to support:
- international relationship building
- information exchange.
The program for each delegation is customised.
- The agenda can vary from half-day to one-week programs.
- Presenters can include other business units, partner agencies and reporting entities.
- The program can also include a Technical Forum presented by the visiting party.
The type and depth of information shared during each visit will depend on:
- whether or not there is an exchange agreement in place
- the nature of the exchange agreement.