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.
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.
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 video showcasing how Suspicious matter reports (SMRs) are a crucial source of intelligence for AUSTRAC.
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.