AUSTRAC has undertaken a series of regulatory actions in 2025, a tone that is echoed in the recently released 2025–26 Regulatory Priorities. Together, these actions and priorities signal a clear message: compliance expectations continue to rise to mitigate financial crime risks, and failure to meet AML/CTF obligations will draw regulatory action. 2025 continues the intense momentum of reform for AUSTRAC as it rolls out the new AML/CTF regime across industry. Alongside these s

Implementing the changes under the updated AML/CTF regulations will be a significant activity. We discuss a few relevant pointers.

As the calendar turns to a new year, the AUSTRAC Compliance Report submission period begins Compliance Reports, generally January 1...

Here is a quick round up of some of the key events in the Australian AML and FCC landscape during 2024. The events are discussed in no particular order. A.       AML/CTF - Developments Updated AML/CTF law | December 2024 | The year 2024 started - or atleast it felt like it did - on a disappointing note, as the stakeholders had been waiting for months for the second AML/CTF reforms consultation paper. Things finally began moving in May 2024, and since then there has been no

First Cyber incident-related thematic sanction under the Australian Autonomous Sanctions Australia recently announced its first sanctions...

This article was originally published in the SIAA Newsroom of the Stockbrokers and Investment Advisors Association on 13 December 2023,...

The first day of the new year brings the obligation to submit the Compliance Report for the calendar year 2023 to AUSTRAC, due by 31...

Data Breaches and AML/CTF Considerations The incidents of large-scale cyber-attacks and data breaches continue to occur, leading to the...

Is a new business proposing to provide products or services that are ‘Designated Services’ under the Anti-money Laundering &...

About Tranche 2 Tranche 2 refers to the proposal for a second set of Reporting Entities (REs) to be included in the scope of the...