Today the Attorney-General announced public consultation on proposed reforms to Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) regime.
We have developed a new financial crime guide, in partnership with the Australian Federal Police and Australian Centre to Counter Child Exploitation, to help businesses identify and stop the purchase of child sexual exploitation material and report suspicious activity.
AUSTRAC has released updated guidance to help you meet your anti-money laundering and counter-terrorism financing (AML/CTF) obligations around:
AUSTRAC has released two new anti-money laundering and counter-terrorism financing (AML/CTF) e-learning modules.
As Australia’s financial intelligence unit, AUSTRAC analyses the information shared by businesses through suspicious matter reporting and other financial transactions to generate financial intelligence that contributes to law enforcement investigations and outcomes.
A coordinated effort to stop the sextortion of Australian children has led to the closure of more than 500 Australian bank accounts that were linked to international organised crime syndicates.
2023 is already shaping up to be a busy year for the Reporting Entity System Transformation (REST) program. AUSTRAC would like to thank you for your continued participation and support as we progress significant changes to AUSTRAC Online.
In 2022, AUSTRAC embarked on a nationwide education campaign to help pubs and clubs that operate electronic gaming machines (EGMs) understand their anti-money laundering and counter-terrorism financing (AML/CTF) obligations, protect their business and keep the community safe.
Find answers to questions asked at the REST program industry update webinar held on Wednesday 7 December 2022.
AUSTRAC has accepted an Enforceable Undertaking (EU) from PayPal Australia Pty Ltd (PayPal) to ensure its compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws. The EU comes after AUSTRAC identified concerns with PayPal’s systems, controls and governance in relation to its international funds transfer instructions (IFTI) reporting.