We have written to businesses in the wealth management sector with concerns about alarmingly low suspicious matter reporting (SMR) and the risk…
Read moreBanks have taken decisive action to disrupt the financial flows underpinning Australia’s illicit tobacco trade, strengthening oversight to more…
Read moreWe have completed 2 separate supervisory campaigns targeting different parts of the foreign-owned banking sector. These campaigns showed that…
Read moreAUSTRAC has directed payment platform, MHITS Limited, to appoint an external auditor to assess whether it is meeting its anti-money laundering and…
Read moreAustralia’s anti‑money laundering and counter‑terrorism financing (AML/CTF) laws have expanded, strengthening safeguards to make it significantly…
Read moreAUSTRAC is implementing the next phase of the Australian Government’s landmark anti‑money laundering reforms, opening enrolment for new professions.…
Read moreWhether you’re new to AUSTRAC or not, understand your obligations for updating your enrolment details, completing new enrolment forms or registering…
Read moreLearn about the AML/CTF changes, including the travel rule, transitional arrangements and amendment rules.
Read moreWe have refreshed our SMR reference guide with clearer examples and language to help you improve your reporting and support faster analysis.
Read more