An assessment of the money laundering and terrorism financing (ML/TF) risks associated with the non-bank lending and financing sector to
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.
Report on the statutory review of Australia’s AML/CTF regime.
The Fintel Alliance, an AUSTRAC initiative, recently supported law enforcement in tracking down and arresting a criminal syndicate that p
A report on the independent review of the AUSTRAC industry contribution levy.
The report on the independent review of the AUSTRAC industry contribution levy is now available.
In the 2018-19 Budget, the Government responded to the Black Economy Taskforce's Final Report. This included the introduction of an economy-wide cash payment limit of $10,000 for payments made or accepted by businesses for goods and services.
Remittance service providers must be registered with AUSTRAC. By using an unregistered remittance dealer you could be supporting illegal activities.
This week AUSTRAC and the Australia Federal Police co-hosted the 22nd Annual Asia Pacific Group on Money Laundering (APG) in Canberra. Delegates spent the week discussing ways to bolster regional efforts to combat money laundering (ML) and terrorism financing (TF).