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Media releases

Format: 19/01/2018
Format: 19/01/2018
Minister for Justice media release: AUSTRAC risk assessment of the securities and derivatives sector

Australia’s first risk assessment of the securities and derivatives sector has revealed how serious and organised criminals can, and have, exploited our financial system.

Requirement to declare currency remains unchanged

Travellers into and out of Australia are reminded that it is a legal requirement under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) to declare currency of AUD$10

First Australian conviction for unregistered remittance service

In the wake of an historic court conviction, AUSTRAC has warned that legal action will be taken against unregistered remitters who engage in deliberate and systemic breaches of AML/CTF laws.

Minister for Justice media release: AUSTRAC risk assessment of stored value cards

Australia's first risk assessment of stored value cards has revealed how criminals can exploit these seemingly innocent modern technologies for ill-gotten gains, including money laundering and terror financing.

AUSTRAC launches financial crime red flags guide for financial planners

A new tool for financial planners to help fight serious financial crime including terrorism financing

Minister for Justice media release: Hong Kong national sentenced to 10 years jail for involvement in money laundering syndicate

One of the major players behind an international crime syndicate that laundered more than $29 million in proceeds of crime in Australia has today been sentenced to 10 years jail.

CEO statement: Departure from AUSTRAC

Yesterday I formally announced my resignation from AUSTRAC to take up a new opportunity with HSBC Bank based in Hong Kong.

Minister for Justice media release: Departure of AUSTRAC Chief Executive Officer

Today I congratulate Mr Paul Jevtovic APM on his leadership and achievements in the fight against organised crime and terrorism.

Joint media release: Start-ups to help make intelligence products smarter

This month four finalists have progressed onto the feasibility study stage of the joint AUSTRAC-ACIC challenge in the Business Research and Innovation Initiative (BRII) program, which forms part of the National Innovation and Science Agenda.

CEO statement: Tabcorp matter

This civil penalty of $45 million sends an unequivocal message to the financial and gambling sector that if you do not take your AML/CTF Act obligations seriously, AUSTRAC will take action.