Effective 15 June 2016, AUSTRAC has suspended the registration of the following independent remittance dealers on the Remittance Sector Register:
- Safir Pty Ltd (also suspended as remittance network provider)
- SMX Services Pty Ltd
- Mujtaba Musawi
It is now illegal for those businesses to provide remittance services.
Further information about enforcement action in the remittance sector can be found on the Remittance registration actions page.