Skip to main content

ADIs: Banks, credit unions and building societies guidance resources

Financial crime guide

This guide provides financial indicators to help businesses, including digital currency exchange providers, recognise and report criminal activity through digital currencies.

Digital currencies are increasing in value and acceptance as Australians have rapidly taken up this new technology. Digital currencies and blockchain technology enable digital transactions and financial products and services in new online networks, environments and marketplaces.

Financial crime guide

This financial crime guide includes practical information and key indicators to help your business understand, identify and report suspicious activity where someone could be the target of a ransomware payment, or trying to profit from a ransomware payment.

Cybercriminals try to infect a computer or network, and then demand a ransom payment to unlock or decrypt the victim’s computer system. These attacks can disrupt businesses and critical services, and cost significant time and resources to recover from.

Financial crime guide

This financial crime guide will help businesses identify and report suspicious activity related to forced sexual servitude. Forced sexual servitude is a form of slavery and represents around 30% of slavery cases in Australia.

Victims are forced to provide sexual services against their will, are unable to refuse violent or unsafe practices, and must hand over most – if not all – of their money to the perpetrators. It is a lucrative business for criminals, who make significant profits through this criminal activity.

Regulatory guide

Financial institutions can carry out applicable customer identification procedures (ACIP) in respect of a customer after commencing to open an account in certain circumstances. This is on the condition that appropriate risk-based systems and controls are in place, including to ensure no further designated services can be provided other than deposits to the account or designated services incidental to the opening of the account or a deposit.  

Financial crime guide

This guide provides financial indicators to help financial services businesses to detect and report potential fraud and misuse of taxpayer funds through Services Australia administered emergency and disaster payments.

Financial crime guide

This guide provides financial indicators to help financial service providers to target, detect and disrupt criminal communication or abuse through payment text fields.

Risk assessment

These resources provide an overview of how ML/TF risk is distributed across Australia’s banking sector. 

Risk assessment

An assessment of the money laundering and terrorism financing (ML/TF) risks associated with the foreign bank branches subsector to help identify, mitigate and manage risks. 

Risk assessment

An assessment of the money laundering and terrorism financing (ML/TF) risks associated with the foreign subsidiary bank subsector to help identify, mitigate and manage risks. 

Risk assessment

An assessment of the money laundering and terrorism financing (ML/TF) risks associated with the other domestic banks subsector to help identify, mitigate and manage risks.