AUSTRAC uncovers an overseas investment scam defrauding Australian victims of millions of dollars.
Explanatory statements relating to amendments to the AML/CTF Rules
As part of your AML/CTF program and reporting obligations, you should be aware of which countries, regions and groups that may pose a hig
Guidance on reliable and independent documentation and electronic data to check and verify know your customer (KYC) information.
All Australian Government agencies are required to publish an Information Publication Scheme Plan to comply with the Freedom of Information Act 1982.
AML/CTF programs must document processes to identify and verify customers, and document when and how this is done.
The NSW Police Force and the Australian Transaction Reports and Analysis Centre (AUSTRAC) are reminding digital currency exchange providers to be aware of their obligations following amendments to Commonwealth legislation last year.
A 27-year-old Bulleen man has been arrested during the second phase of an Australian Federal Police (AFP) investigation into an organised crime syndicate. Following the arrests, AUSTRAC suspended the registrations of two digital currency exchange businesses the man is associated with.
Today AUSTRAC released guidance to educate Australia’s Superannuation sector of the risks they face from criminal exploitation and how they can proactively combat financial crime.
AUSTRAC has cancelled the registrations of Ghadir Group Pty Ltd and Treasure Chest Trading Pty Ltd for ongoing non-compliance resulting in unacceptable money laundering and terrorism financing risk.