A 63-year-old Sydney man accused of travelling to the Philippines to sexually abuse children is expected to face court today charged with possessing child abuse material and ‘child sex tourism’ offences.
Several people have been charged by WA Police Force as part of an investigation into a suspected Vietnamese Established Criminal Network involved in money laundering activity.
AUSTRAC and Great Britain Gambling Commission have today strengthened their cooperation in the fight against serious financial crime and terrorism financing through the signing of a regulatory Memorandum of Understanding (MOU) in London.
AUSTRAC, Australia’s anti money-laundering and terrorism financing regulator, has today applied to the Federal Court of Australia for civil penalty orders against Westpac Banking Corporation (Westpac).
The civil penalty orders relate to systemic non-compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). AUSTRAC alleges Westpac contravened the AML/CTF Act on over 23 million occasions.
AUSTRAC and its Qatar counterpart, the Qatar Financial Intelligence Unit (QFIU), have today strengthened their cooperation in the fight against serious financial crime and terrorism financing.
AUSTRAC CEO, Nicole Rose PSM and QFIU Deputy Head, Mohammed Al-Mufthah, signed a Memorandum of Understanding (MoU) while attending the Counter-Terrorism Financing Summit in Manila, Philippines.
Detectives from the E-Crime Squad have arrested a man today as part of an investigation into unregistered cryptocurrency transactions.
This is a joint media release between the Philippines’ Anti-Money Laundering Council (AMLC), Indonesia's financial intelligence unit (PPATK) and AUSTRAC.
Today, the fifth Counter-Terrorism Financing (CTF) Summit begins in Manila, the Philippines.
The CTF Summit brings together leaders in financial intelligence along with senior representatives from regulatory, national security, law enforcement, industry and academia, from across the region and the world.
The Fintel Alliance, an AUSTRAC initiative, has today revealed its major operational results for 2018-19 in the fight against serious and organised crime.
The Fintel Alliance, is AUSTRAC’s public-private partnership that combines the expertise and skills of federal and state government intelligence and law enforcement agencies and private sector businesses to protect the Australian financial system and community from criminal abuse.
Australia’s mutual banking sector is urged to take note of Australia’s latest money laundering and terrorism financing risk assessment report specific to the sector.
AUSTRAC has ordered the appointment of an external auditor to examine ongoing concerns in regard to PayPal Australia’s compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (the AML/CTF Act).
These concerns relate to PayPal Australia’s compliance with its International Funds Transfer Instruction reporting obligations, which require regulated entities to report the transfer of funds or property to or from Australia.