AUSTRAC and its Qatar counterpart, the Qatar Financial Intelligence Unit (QFIU), have today strengthened their cooperation in the fight against serious financial crime and terrorism financing.
AUSTRAC CEO, Nicole Rose PSM and QFIU Deputy Head, Mohammed Al-Mufthah, signed a Memorandum of Understanding (MoU) while attending the Counter-Terrorism Financing Summit in Manila, Philippines.
This is a joint media release from Victoria Police and AUSTRAC.
Detectives from the E-Crime Squad have arrested a man today as part of an investigation into unregistered cryptocurrency transactions.
The 38-year-old Cairnlea man was arrested at his home address in Cairnlea.
This is a joint media release between the Philippines’ Anti-Money Laundering Council (AMLC), Indonesia's financial intelligence unit (PPATK) and AUSTRAC.
Today, the fifth Counter-Terrorism Financing (CTF) Summit begins in Manila, the Philippines.
The Fintel Alliance, an AUSTRAC initiative, has today revealed its major operational results for 2018-19 in the fight against serious and organised crime.
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The insights from this voluntary research will help shape and influence how AUSTRAC communicates in the future, as well as ensure that we provide the services and support you need.
Fintel Alliance, an AUSTRAC initiative, today released a report to help industry identify and report on the common indicators of illegal phoenix activity.
While the report examines illegal phoenix activity in the labour hire industry, the indicators are also relevant to other businesses that mainly pay their staff and suppliers in cash.
Australia’s mutual banking sector is urged to take note of Australia’s latest money laundering and terrorism financing risk assessment report specific to the sector.
Released by AUSTRAC today the report finds that while the mutual banking sector had a high level of vulnerability to financial crime, the overall money laundering and terrorism financing risk was assessed as medium.
AUSTRAC has released proposed amendments to Chapter 11 of the AML/CTF Rules for public consultation.
In late August, AUSTRAC launched a community-based campaign targeted at unregistered money transfer dealers, also known as unregistered remittance dealers.
Across Australia, many communities rely on the services of money transfer businesses to send and receive money from overseas, which supports friends and family living on opposite side of the world.
AUSTRAC has ordered the appointment of an external auditor to examine ongoing concerns in regard to PayPal Australia’s compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (the AML/CTF Act).