The global pandemic, COVID-19, is impacting all Australians and Australian businesses. AUSTRAC acknowledges that this is an unprecedented and uncertain time for you and your business.

As Australia’s Anti-Money Laundering and Counter-Terrorism Financing regulator and Financial Intelligence Unit, AUSTRAC regulates more than 15,000 individuals, businesses and organisations. You are the front line of defence in the fight against financial crime and terrorism financing.

AUSTRAC will constructively work with you as you manage your money laundering and terrorism financing risks during this disruptive period. This includes considering your circumstances when applying the Anti-Money Laundering and Counter-Terrorism Financing laws.

We are working across government to ensure AUSTRAC is prepared for all scenarios including a reduced workforce. We have a business continuity plan in place which will allow us to maintain our core functions and continue our work with you, to protect Australians from serious financial crime and terrorism.

If you have questions about complying with your anti-money laundering and counter-terrorism obligations or concerns about COVID-19 and the impact on your business, please email us via our contact form.