News and media releases

AUSTRAC’s System Transformation Program aims to deliver a modern, engaging and user-friendly portal, with improved reporting capability and self-service options to help you meet your regulatory obligations.

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:

We are receiving reports of scammers sending emails to reporting entities and members of the public pretending to be from AUSTRAC and seeking payment of fines, taxes or other financial transfers. We will never demand a payment via email.

AUSTRAC has added Chapters 79 and 80 to the AML/CTF Rules, and amended Chapters 21 and 48 of the AML/CTF Rules.

Federal, State and Territory Government regulators, intelligence, law enforcement agencies and financial services businesses must work together to defeat crime

A new financial crime guide will help you to detect and report cuckoo smurfing.

The latest industry updates for digital currency exchange providers about managing risk in this ever-evolving sector.

A money laundering and terrorism financing (ML/TF) risk assessment, released today, shows a medium level of ML/TF risk to Australia’s non-bank lending and financing sector.

SWIFT will be migrating to the ISO 20022

From 17 June 2021, reforms to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) came into effect that will streamline your compliance and help you protect your business from the harms of money laundering, terrorism financing and other serious crimes.