AUSTRAC has published new guidance to clarify the application of the exceptions to the beneficial ownership obligations under paragraph 4.12.2 of the AML/CTF Act.
News and updates
AUSTRAC helps bust money laundering syndicate...
Effective 15 June 2016, AUSTRAC has suspended the registration of three entities on the Remittance Sector Register.
AUSTRAC has published a list of updates made to the AUSTRAC compliance guide since it was published in September 2014.
Draft costings on the amendments relating to electronic safe harbour procedures for customers are now available for public consultation.
AUSTRAC has cancelled the registrations of Korea Pty. Ltd. and Forex Sydney Pty Ltd.
AUSTRAC has suspended the registration of Vision Rehoboth Pty Ltd, trading as City Kowon.
AUSTRAC intelligence disrupts two international drug syndicates.
AUSTRAC has refused to register Allsafe International Pty Ltd on the Remittance Sector Register.
Korea Pty Ltd, ToKorea Pty Ltd, and Forex Sydney Pty Ltd have had their registration suspended today.