Minister for Justice media release: AUSTRAC risk assessment of the securities and derivatives sector
Australia’s first risk assessment of the securities and derivatives sector has revealed how serious and organised criminals can, and have, exploited our financial system to engage in criminal activity.
Minister for Justice Michael Keenan today released AUSTRAC’s Australia's Securities & derivatives sector: money laundering and terrorism financing risk assessment, report in Sydney − the financial hub of Australia.
This is the fourth risk assessment of the financial sector undertaken by the Government’s financial intelligence agency, developed in partnership with key industry experts, including stockbroking firms, online traders, banks, and partner agencies.
Read the full media release on the Minister for Justice website.