Egmont Group of Financial Intelligence Units has released a new report, Combatting child sexual abuse and exploitation through fi
AUSTRAC has issued an infringement notice to State Street Bank and Trust Company (State Street) for over $1.24 million for failing to report international funds transfers.
AUSTRAC has extended the Rule for streamlined customer verification under the COVID-19 early release of superannuation initiative until 3
Westpac and AUSTRAC have today agreed to a 1.3 billion dollar proposed penalty over Westpac’s breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). Westpac and AUSTRAC have agreed that the proposed penalty reflects the seriousness and magnitude of compliance failings by Westpac.
As announced by the Attorney-General and Minister Dutton, I am pleased to confirm that AUSTRAC and Westpac have reached an agreement in w
This guide explains how illegal wildlife trafficking takes place, and specific indicators that can help you identify and report this type of activity.
A new financial crime guide released today will help businesses to combat Australia’s illegal wildlife trafficking trade by identifying, targeting and reporting suspicious financial activity.
This report has been developed to assist financial service providers and law enforcement agencies to detect suspect transactions by providing updated financial and environmental indicators to more effectively combat child sexual exploitation.
This report identifies and explains the key indicators of illegal phoenix activity in the labour hire and payroll industry.
When you open an account or conduct certain transactions with providers of financial services, they need to know you are who you claim to be.