AUSTRAC orders an independent audit of Airwallex, a payment platform, to investigate suspected AML/CFT breaches in transaction monitoring, customer due diligence, and suspicious reporting

AUSTRAC orders an independent audit of Airwallex, a payment platform, to investigate suspected AML/CFT breaches in transaction monitoring, customer due diligence, and suspicious reporting. The audit, issued under section 162 of the AML/CTF Act, will require…