New guidance to help you implement AML/CTF reforms
From 17 June 2021, reforms to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) came into effect that will…
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AUSTRAC’s AUSTRAC Online system transformation program – get involved
A new systems transformation program to transform the way you interact and report to AUSTRAC.
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New financial crime guide warns the finance sector and Australians about ‘cuckoo smurfing’
AUSTRAC has released a new financial crime guide to warn businesses and their customers about the dangers of a money laundering method known as ‘…
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AUSTRAC issues remedial direction to Australian Military Bank
AUSTRAC has issued a remedial direction to Australian Military Bank Ltd (AMB) requiring the mutual bank to review and uplift its compliance with…
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Two more Australians arrested in connection to international $301m MDMA bust
Two more Australians have been arrested and charged in connection to a major joint international MDMA drug investigation originating in the…
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New SMR guidance resources to help you submit more effective SMRs
Download the new suite of resources on how you can submit more effective suspicious matter reports to AUSTRAC.
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Western Sydney fraud syndicate dismantled, six charged
It will be alleged the syndicate has claimed more than $10 million since 2017 in NDIS funding. The value of the fraudulent claims are alleged to be…
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Financial Action Task Force public consultations
The Financial Action Task Force (FATF) is inviting feedback on draft guidance about proliferation financing risk, and on digital currencies and…
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We’re ‘stepping up’ in the Pacific
As Australia’s financial intelligence unit (FIU), AUSTRAC works closely with our FIU counterparts overseas to strengthen skills, improve governance,…
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