The AUSTRAC annual report 2019-20 highlights our achievements over a challenging year. This includes our agility in responding to the challenges posed by COVID-19 and the work being done to protect Australia’s financial system, businesses and the wider community from criminal abuse.
The Federal Court of Australia has today ordered Westpac to pay a $1.3 billion penalty for its breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).
Beware of scam calls and emails from people impersonating AUSTRAC staff and asking for money or threatening imprisonment or fines.
AUSTRAC and the Financial Intelligence Unit of the United Arab Emirates (UAE-FIU) last week signed a Memorandum of Understanding (MOU) fo
These examples of dealing with suspicious customer behaviour are designed to help the online wagering industry better understand and meet anti-money laundering and counter-terrorism financing (AML/CTF) compliance obligations.
This is a joint media release between NSW Police Force and AUSTRAC
Released today, the Fintel Alliance Performance Report 2019-20 outlines the impact the Fintel Alliance is having on protecting the Austra
On 6 October 2020, the Australian Government handed down the 2020-21 Federal Budget, which included a $104 million funding boost and an additional 67 new staff.
In 2019-20 AUSTRAC’s Fintel Alliance celebrated some major operational results, which you can read about in the Fintel Alliance Performance Report 2019-20.
Each year, most businesses that are regulated by AUSTRAC must complete an annual compliance report telling us about your compliance for the previous calendar year.
The report covers important areas of anti-money laundering and counter-terrorism financing (AML/CTF) and helps us to understand how you have been complying with your obligations, and where you may need additional support or guidance.