From 1 July 2026, Australia’s new anti-money laundering and counter-terrorism financing (AML/CTF) laws apply to more businesses.
The reforms may apply to you if you provide designated services as a:
AUSTRAC will require online bookmaker, bet365, to strengthen its anti‑money laundering controls after identifying serious gaps in how it manages risk and reports suspicious activity.
Good morning, everyone and thank you for the opportunity to speak today.
I would like to begin by acknowledging that we are meeting on the lands of the Wurundjeri and Bunurong people of the Kulin Nation. I pay my respects to their country, to Elders past and present, and to their enduring culture.
AUSTRAC has finalised its enforceable undertaking with Sportsbet Pty Ltd (Sportsbet) after the company addressed serious deficiencies in its anti-money laundering and counter-terrorism financing (AML/CTF) controls.
AUSTRAC CEO Brendan Thomas said the outcome reinforces AUSTRAC’s expectation that reporting entities take immediate and sustained action to meet their legal obligations.
Today marks a major milestone in Australia’s landmark reforms to strengthen the nation's anti-money laundering and counter-terrorism financing laws.
Criminals are exploiting Australia’s real estate market and complex company structures to hide and move illicit money - it’s something financial crimes regulator AUSTRAC says it sees regularly.
Advances in artificial intelligence and emerging technologies are helping criminals exploit vulnerabilities and avoid detection.
To help you understand and respond to these evolving threats, we’ve released a suite of intelligence products to strengthen your risk-based approach and anti-money laundering and counter-terrorism (AML/CTF) controls.
These products include:
A domestic violence offender continued to put their family at risk, even after police became involved.
The abuse continued, and the danger to the family stayed high.
The offender’s financial activity left a trail police could follow. In this case, bank withdrawals and transfers helped police find the offender.
We recently made AUSTRAC’s register of virtual asset service providers (VASP) publicly available on our website. The register allows the public to verify if a VASP is registered with AUSTRAC before using its services.
From 1 July 2026, we’re introducing new threshold transaction report (TTR) and suspicious matter report (SMR) forms in AUSTRAC Online.
The new forms have been designed to make reporting simpler, while continuing to support AUSTRAC and our law enforcement partners in detecting and disrupting financial crime.