A joint investigation into a sophisticated money laundering scheme leads to 10 arrests and the disruption of an international crime syndicate.
AUSTRAC helped authorities to investigate a tax avoidance scheme that used illegal trading known as ‘phoenixing’.
AUSTRAC helped investigate suspicious financial transactions that led to the arrest of two offenders on charges of dealing with the proceeds of crime.
AUSTRAC helps dismantle a remittance services network that was laundering money for organised crime syndicates in Australia.
AUSTRAC intelligence helped link Australian assets to suspects wanted by authorities in China on bribery and corruption charges.
A reporting entity must have Part A of its AML/CTF program reviewed independently and regularly by someone not involved in developing and implementing the program.
AUSTRAC uncovers an overseas investment scam defrauding Australian victims of millions of dollars.
Explanatory statements relating to amendments to the AML/CTF Rules
As part of your AML/CTF program and reporting obligations, you should be aware of which countries, regions and groups that may pose a hig
Guidance on reliable and independent documentation and electronic data to check and verify know your customer (KYC) information.