AUSTRAC puts crypto ATM providers on notice
AUSTRAC’s cryptocurrency taskforce has found that some crypto ATM providers may not have the right AML/CTF checks in place
AUSTRAC’s use of AI
AUSTRAC published its “AI Transparency Statement”. The Statement reinforces AUSTRAC’s commitment to responsible, transparent and well-governed artificial intelligence (“AI”) use
AUSTRAC targets Remitters and Digital Currency Exchanges
AUSTRAC is completing its year-long targeting of non-reporting and under reporting Remittance and Digital Currency Exchange providers and has issued further alerts to the industry’s potentially non-compliant operators
AUSTRAC is taking action to stamp out financial crime through cryptocurrency ATMs
AUSTRAC is targeting cryptocurrency ATM providers in Australia who do not comply with the country’s anti-money laundering regime
2023 Compliance Report Due Date
The 2023 Compliance Report is due to be submitted by 31 March 2024.
AUSTRAC’s international activities for 2023
In 2023, AUSTRAC’s international efforts strengthened collaboration and responded to money laundering and terrorism financing (“ML/TF”) threats
Understanding AUSTRAC Reporting
Reports submitted to AUSTRAC initiate and inform action in detecting and disrupting the abuse of Australia’s financial system
Regulatory Priorities for 2024
How AUSTRAC plans to bolster the financial system’s resilience to money laundering, terrorism financing and other serious crime.
Recap of the 2023 RegTech Symposium
RegTech Symposiums are an AUSTRAC initiative providing dialogue and guidance to the Australian RegTech industry.
2023 Compliance Report
Reporting Entities must submit their Compliance Report by 31 March 2024.