AUSTRAC has released a financial crime guide today to help businesses identify and report financial transactions that may be linked to the purchase of child sexual exploitation material.
Offenders and facilitators use technology, including social media, live streaming, and gaming platforms to facilitate child abuse, with financial gain a primary motivator. Travel is no longer necessary to access victims or child sexual exploitation material. Online financial payments enable offenders around the world to purchase this material, which enables the abuse to occur.