AUSTRAC information and expert analysis has contributed to the dismantling of an international drug syndicate, according to a case study released today.
AUSTRAC has released a new analysis report about serious organised crime groups using business express deposit boxes and internet banking to avoid ‘know your customer’ requirements.
AUSTRAC has filed papers in the Federal Court against three Tabcorp group companies for extensive, significant and systemic non-compliance with Australia’s AML/CTF legislation.
AUSTRAC has today signed a memorandum of understanding (MOU) with Bangladesh.
A new report from AUSTRAC will help Australian businesses – our first line of defence – identify suspicious behaviours of people moving corrupt funds into Australia.
Australia’s international network to track illicit funds has been further boosted with the signing of MoUs with Russia, Bahrain and the Turks & Caicos Islands.
AUSTRAC has released two new reports to help Australian businesses identify money laundering methodologies used through real estate agents and lawyers.
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.
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.
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.