Today the Attorney-General announced public consultation on proposed reforms to Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) regime.
The proposed reforms include extending the existing AML/CTF legislation to capture additional ‘tranche-two’ high risk entities including lawyers, accountants, trust and company service providers, real estate agents and dealers in precious metals and stones.
The reforms also aim to:
Read the latest information on upcoming changes to AUSTRAC Online, how these changes may impact you, and how to get involved.
Discover more about the operation aimed at combating the sextortion of Australian children and what you can do to help.
Discover how our intelligence function works and what you can do to help stop money laundering, terrorism financing and other serious financial crime.
Access and learn more about our two latest AML/CTF e-learning modules.
Learn more about the updated guidance and training created to help you meet your AML/CTF obligations.
Help combat the sexual exploitation of children for financial gain
Learn how you can protect your business and help combat the use of electronic gaming machines for money laundering.
Find answers to questions asked at the REST program industry update webinar held on Wednesday 7 December 2022.
The webinar focussed on important updates to AUSTRAC Online (AO) that will impact how you interact with us and fulfil your AML/CTF obligations. It covered what changes have been delivered so far, what we’re working on now and the changes you can expect to see in the next 12 months and how this may impact you.
On this page, you’ll find answers to your questions about:
The Financial Action Task Force (FATF), the global group that sets international anti-money laundering and counter-terrorism financing (AML/CTF) standards, has published two recent updates relating to international ML/TF risk.
The reports provide an update on jurisdictions which may pose a risk to the international financial system: