A new guidance resource to assist reporting entities in submitting more effective SMRs
An important checklist to ensure that you have incorporated the key elements and details needed for effective SMR reporting.
Two more Australians have been arrested and charged in connection to a major joint international MDMA drug investigation originating in the Netherlands in 2019.
AUSTRAC has issued a remedial direction to Australian Military Bank Ltd (AMB) requiring the mutual bank to review and uplift its compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws. The action follows ongoing regulatory engagement with AMB which identified concerns related to the effectiveness of AMB’s AML/CTF systems and controls.
AUSTRAC’s financial intelligence and information supports our domestic and international partners in their law enforcement and security work.
Organised criminals use ‘cuckoo smurfing’ as a method of laundering money to disguise and integrate their funds across borders to profit
AUSTRAC has released a new financial crime guide to warn businesses and their customers about the dangers of a money laundering method kn
A new systems transformation program to transform the way you interact and report to AUSTRAC.
In certain circumstances you can rely on customer identification procedures undertaken by reliable third parties: other reporti