Western Sydney fraud syndicate dismantled, six charged
It will be alleged the syndicate has claimed more than $10 million since 2017 in NDIS funding. The value of the fraudulent claims are alleged to be…
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Financial Action Task Force public consultations
The Financial Action Task Force (FATF) is inviting feedback on draft guidance about proliferation financing risk, and on digital currencies and…
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We’re ‘stepping up’ in the Pacific
As Australia’s financial intelligence unit (FIU), AUSTRAC works closely with our FIU counterparts overseas to strengthen skills, improve governance,…
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Financial crime guide targets NDIS fraud
We recently released a financial crime guide to help you understand, identify and report suspicious financial activity to prevent fraud against the…
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Are your applicable customer identification procedures up to date?
We recently updated the applicable customer identification procedures (ACIP) and ongoing customer due diligence resources, to help you strengthen…
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Help us fight criminals with effective suspicious matter reports
A set of new guidance resources including a video animation, fact sheet and frequently asked questions on how to submit more effective suspicious…
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Digital currency exchange providers – Is it time for you to renew your registration?
Digital currency exchange (DCE) providers operating in Australia have been required to register with AUSTRAC since April 2018. Next month marks three…
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Review your AML/CTF compliance program with our latest guides
Throughout 2020 we saw a number of key areas where businesses could improve their anti-money laundering and counter-terrorism financing (AML/CTF)…
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Consultation now open on Rules for AML/CTF reforms
Reforms have been made to strengthen Australia’s anti-money laundering and counter-terrorism financing laws.
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