AUSTRAC’s 2024 regulatory priorities focus on hardening the sectors we regulate against criminal misuse. We aim to build resilience in these sectors against money laundering, terrorism financing and other serious crime.
These regulatory priorities will help us focus on what will deliver the most significant impact to achieve the strategic objectives set out in AUSTRAC’s 2023-27 Corporate Plan.
The priorities include:
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Enduring priorities
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Increased regulatory focus
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Serious and systemic deficiencies
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Continuous improvement
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Partnerships.
Download AUSTRAC’s regulatory priorities 2024 (PDF, 704 KB).
This guidance sets out how we interpret the Act, along with associated Rules and regulations. Australian courts are ultimately responsible for interpreting these laws and determining if any provisions of these laws are contravened.
The examples and scenarios in this guidance are meant to help explain our interpretation of these laws. They’re not exhaustive or meant to cover every possible scenario.
This guidance provides general information and isn't a substitute for legal advice. This guidance avoids legal language wherever possible and it might include generalisations about the application of the law. Some provisions of the law referred to have exceptions or important qualifications. In most cases your particular circumstances must be taken into account when determining how the law applies to you.