AUSTRAC announces its 2024 regulatory priorities

Priorities include an ongoing focus upon businesses understanding, mitigating and managing the money laundering and terrorism financing risks they face, particularly across the banking, gambling and remittance sectors which face higher risks.

AUSTRAC accepts enforceable undertaking from Gold Corporation

Following careful consideration of the audit findings, including the nature and seriousness of the non-compliance and Gold Corporation’s willingness to cooperate and proactively work to comply with its AML/CTF obligations, AUSTRAC has determined that an EU is the most...