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…
AML/CTF Amendment Bill passes Parliament29 November 2024Today the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill 2024 has been passed by Parliament. This Bill sends a clear message that Australia…
Legislation to strengthen Australia’s anti-money laundering and counter-terrorism financing regime has passed Parliament29 November 2024AUSTRAC welcomes the passage of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill 2024 through…
AUSTRAC has issued sixteen businesses with infringement notices for failing to meet their reporting obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).The infringement notices were issued…
