Go to top of page

Media releases

Format: 21/04/2019
Format: 21/04/2019
AUSTRAC has required Canberra Southern Cross Club to appoint an external auditor

Canberra Southern Cross Club Limited (CSCC) has been required to appoint an external auditor to assess and help improve its compliance with AML/CTF laws.

Largest fine in AUSTRAC's history

AUSTRAC has fined one of the world’s largest remittance network providers almost $0.5 million for systemic contraventions of Australia’s AML/CTF laws.

Remitter registration cancelled: FNF First National Finance Pty Ltd

AUSTRAC has cancelled the registration of Sydney-based independent remitter FNF First National Finance Pty Ltd (FNF), due to significant money laundering or financing of terrorism risk.

Online bookmaker fined and ordered to comply

AUSTRAC has fined Australian online bookmaker ClassicBet Pty Ltd for a breach of Australia’s AML/CTF laws.

AUSTRAC continues to stamp out rogue remitters

AUSTRAC has cancelled the registration of two money transfer businesses as it is satisfied that their registrations involve a significant money laundering risk.

MoneyGram, one of the world’s largest remitters, fined $122,400 by AUSTRAC

One of the world’s largest remittance network providers has been fined for contraventions of Australia’s AML/CTF laws.

Dealing with non-compliance: AUSTRAC cancels remitter registration

AUSTRAC has cancelled the registration of Sydney-based independent remitter Ocean Pass Finance Pty Ltd (Ocean Pass), as it is satisfied that its registration involves significant money laundering or terrorism financing risk.

Further action to dismantle international money laundering syndicate

Today, AUSTRAC cancelled the registration of a Melbourne based remitter, AVSForex Pty Ltd (AVSForex), following the conviction of its sole director for money laundering.

AUSTRAC cancels registration: Bisotel Rieh Pty Ltd

AUSTRAC has cancelled the registration of remittance provider Bisotel Rieh Pty Ltd (Bisotel Rieh).

Remitter registration suspended: AVSForex Pty Ltd

AUSTRAC has suspended the registration of a Melbourne-based remittance provider, AVSForex Pty Ltd (AVSForex) following the conviction of its sole director for money laundering.

Pages