AUSTRAC
AUSTRAC is Australia’s financial intelligence unit and AML/CTF regulator for banks, casinos, remitters and other regulated sectors.
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Asia-Pacific
AUSTRAC Removes 45 Remittance and VASP Businesses as High-Risk Payments Scrutiny Intensifies
AUSTRAC has cancelled, suspended or refused renewal of 45 remittance and virtual asset service provider registrations over the past year as the Australian financial intelligence…
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Asia-Pacific
ACAMS-AUSTRAC Outreach to Examine How Suspicious Matter Reports Drive Financial Crime Disruption
ACAMS’ Australasian Chapter will host a virtual outreach session with AUSTRAC on 10 September 2026 focused on how suspicious matter reports (SMRs) are turned into…
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Asia-Pacific
AUSTRAC Clarifies Professional Services Scope Under Australia’s Expanded AML/CTF Regime
AUSTRAC has updated its guidance for professional designated services, adding further detail on when professional-service activities fall within Australia’s expanded anti-money laundering and counter-terrorism financing…
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Asia-Pacific
AUSTRAC Clarifies Leasehold and Notarial Services Under Tranche 2 AML/CTF Rules
AUSTRAC updated its guidance on 31 August 2026 to clarify how long-term leasehold interests, standalone licences to occupy and notarial services are treated under Australia’s…
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Asia-Pacific
AUSTRAC Opens AML/CTF Investigation Into Western Union Over High-Risk Payment Channels
Australia’s financial intelligence and AML/CTF regulator AUSTRAC has opened an enforcement investigation into Western Union Financial Services Australia Pty Ltd and The Western Union Company…
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Asia-Pacific
AUSTRAC Intelligence Helps Uncover A$9.36 Million in Alleged Illicit Tobacco Proceeds
AUSTRAC has disclosed that financial intelligence from a regulated payment platform helped Australian authorities uncover more than A$9 million in alleged criminal proceeds linked to…
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Asia-Pacific
AUSTRAC Begins Issuing Section 167 Notices to Non-Enrolled Tranche 2 Businesses
AUSTRAC has begun issuing formal information notices to businesses that appear to be providing regulated services without having enrolled under Australia’s expanded anti-money laundering and…
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Asia-Pacific
AUSTRAC Expands Pacific AML Capability With Financial Intelligence and Crypto Tracing Training
AUSTRAC has expanded its anti-money laundering and financial-intelligence capability-building work across the Pacific, delivering two intensive training programs in Papua New Guinea and the Solomon…
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Asia-Pacific
AUSTRAC Intelligence Helps Disrupt Illicit Tobacco Network as Over A$25 Million in Assets Restrained
AUSTRAC has detailed its role in a major Australian multi-agency operation targeting an alleged organised crime network involved in importing and distributing illicit tobacco and…
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Asia-Pacific
Fintel Alliance Finds Coordinated Mortgage Fraud Across Major Australian Banks
AUSTRAC’s Fintel Alliance has identified coordinated mortgage fraud and systemic weaknesses across Australia’s lending sector after analysing data from 10 major banks. According to AUSTRAC,…
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