Key trends for regulatory activities in 202412 December 2024At AUSTRAC, our mission is to safeguard Australia’s financial system from criminal exploitation and misuse. As Australia’s financial intelligence unit and regulator,…
Recap of AML/CTF Advisers’ Forum 202412 December 2024AUSTRAC hosted the 2024 AML/CTF Advisers Forum in Melbourne on Tuesday 12 November, and Sydney on Wednesday 20 November. This Forum was an…
Case study: Three to six years’ jail time for convicted money launderers12 December 2024The Victorian County Court recently sentenced two men to jail for laundering more than $63 million using…
Top tips for completing your 2024 compliance report12 December 2024The countdown is on for the 2024 compliance reporting period.Every year, businesses that provide designated services must submit a compliance report…
AUSTRAC is cracking down on cryptocurrency ATM providers in Australia who don’t comply with the country’s anti-money laundering regime.AUSTRAC intelligence shows cryptocurrency poses a heightened money laundering risk, and is…
