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.
This guide provides financial indicators to help financial service providers to target, detect and disrupt criminal communication or abuse through payment text fields.
An assessment of the money laundering and terrorism financing (ML/TF) risks associated with the non-bank lending and financing sector to help identify, mitigate and manage risks.
Organised criminals use ‘cuckoo smurfing’ as a method of laundering money to disguise and integrate their funds across borders to profit from and further enable their illegal activities.
Generally this method of money laundering relies on exploiting the bank accounts of customers expecting to receive legitimate funds. These customers are often unaware that the funds transferred into their accounts are the proceeds of crime.
To protect Australia’s financial system against exploitation, AUSTRAC’s Fintel Alliance has developed this financial crime guide on cuckoo smurfing.
A printable poster for financial planners to alert them to 'red flags' that may indicate different types of serious financial crime.
An assessment of the money laundering and terrorism financing risks associated with the use of traveller's cheques.
An assessment of the money laundering and terrorism financing risks associated with stored value cards.
An assessment of the money laundering and terrorism financing risks associated with Australia's securities and derivatives sector.
An assessment of the money laundering and terrorism financing risks associated with the financial planning sector.