AUSTRAC launches civil penalty proceedings for missed compliance reports
AUSTRAC has launched civil penalty proceedings in the Federal Court against two businesses – Castra Licensee Pty Ltd ACN 160 992 709 (Castra) and…
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FATF updates on global ML/TF risk – October 2025
The Financial Action Task Force (FATF), the global group that sets international anti-money laundering, counter-terrorism financing and counter-…
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Payment platforms warned about child sexual exploitation risks
AUSTRAC has issued a letter to the online payment platforms sector, warning businesses to tighten their controls to prevent payments for child sexual…
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The new AUSTRAC Online is here
It’s here! We have launched a modernised AUSTRAC Online (AO) reporting platform for the businesses we regulate. What’s new?  The…
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Banks to keep a closer eye on retailers peddling illicit tobacco
AUSTRAC CEO Brendan Thomas and the Illicit Tobacco and E-cigarette Commissioner (ITEC), Amber Shuhyta, have called on Australia’s banks to take…
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AUSTRAC cracks down on Cryptolink for late reporting
AUSTRAC has issued Cryptolink an infringement notice of $56,340 and accepted a court-enforceable undertaking that addresses the company’s…
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Staying ahead of emerging financial crime threats across the Pacific
Financial crime across the Pacific is evolving fast. From online child sexual exploitation to cryptocurrency-enabled crime and organised criminal…
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AUSTRAC releases guidance for current and new reporting entities
AUSTRAC has released reforms guidance to help current and future reporting entities comply with changes to the AML/CTF legislation. From 1 July next…
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Powers proposed to tackle high-risk products services and channels
Minister for Home Affairs, Mr Tony Burke, will seek to introduce a new power enabling the AUSTRAC CEO to restrict or prohibit certain high-risk…
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