AUSTRAC has issued eight infringement notices for reporting failures as required by the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).
A fake AUSTRAC website has been identified.
AUSTRAC has commenced an enforcement investigation into Hillside (Australia New Media) Pty Limited (bet365).
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:
You can submit your 2023 compliance report from 1 January to 31 March 2024.
The report covers important areas of anti-money laundering and counter-terrorism financing (AML/CTF) and helps us to understand how you have been complying with your obligations over the year, and where you may need additional support or guidance.
We have received reports of scammers calling members of the public, claiming to work on behalf of AUSTRAC and offering assistance to recover lost funds.
AUSTRAC welcomes the recent announcement by the Attorney-General of Mr Brendan Thomas as the new AUSTRAC Chief Executive Officer.