AUSTRAC

Laundered money can find its way through our financial systems and into the hands of criminal networks. Reporting to us isn’t a box ticking exercise, it’s how we keep our community safe. Learn more about what’s expected of reporting entities here: ow.ly/I8G250YNfbq

New technology, global links & growing illicit activity is increasing the risks of money laundering, terrorism & proliferation financing. We’ve released 3 new national risk updates showing how serious financial crime threats are evolving. Read more: ow.ly/5Trk50YXUP9

If you’re a current regulated entity, we want to know how the AML/CTF changes are impacting your business. Your feedback will help us improve how the changes are communicated and how we can best support you. Complete the survey before 25 May: ow.ly/fm6P50YXUe2

We’re conducting 2 supervisory campaigns aimed at Australia’s virtual assets sector. We’re engaging with dozens of crypto businesses and exchanges to focus on how they’re managing their AML/CTF risks & prepare them for upcoming reforms. Read more: ow.ly/gBYZ50YWnhT

Enrolment for newly regulated entities is now open: austrac.gov.au/new-austrac/en…

May the 4th be with you. A new era of compliance is here. If your business is newly regulated, enrol now to meet your obligations and help protect Australia’s financial system.

Do you know the red flags to look out for in your customers? 🚩 Recognise potential ML/TF risks in everyday interactions, and build awareness to strengthen your AML/CTF program with our risk and indicators of suspicious activity here: ow.ly/xOEv50YQnWG

Find out more here austrac.gov.au/industry-and-b…

Good governance sets the foundations for your AML/CTF program. You don’t have to build it from scratch; we’ve got the blueprint to help you from the ground up. Our resources will help you ensure you have good governance in your business to protect it from financial crime.

This ANZAC Day marks the 111th anniversary of the Gallipoli landings, and we honour all Australians who have served in our Defence Force in times of peace and war. We acknowledge all our staff and families who have served in @DefenceAust and thank them for their service

There are 3 roles in the AML/CTF governance structure – do you know the role you play? There’s the: ✔️ governing body ✔️ senior managers ✔️ AML compliance officer Head to ow.ly/1ygU50YNeyK to find out what each of these roles mean for you and your business.

Watch our latest webinar now for clear, practical guidance to help you get started with confidence youtu.be/HaKxxVhlJo0

AML/CTF reforms are just around the corner, and your business is the first line of defence against financial crime. If you're a newly regulated business, understanding your money laundering and terrorism financing risk is essential.

Our AML/CTF wish list ✨ If you’re a newly regulated entity, it’s time to get prepared ahead of 1 July. Read more about your AML/CTF obligations and what you need to do ow.ly/WyMx50YKaHX

Financial crime affects us all. Your reporting matters, it helps us uncover criminal networks and prevent further harm to our community. Understand your risks and what you need to do to comply with your AML/CTF obligations. New to AML/CTF? Start here ow.ly/vOeH50YKaFf

If you’re a newly regulated entity, you need to enrol with us by 1 July. It may seem like plenty of time, but 1 July is fast approaching. Take steps to enrol now, because nothing beats the feeling of completing a task before the deadline. Head to austrac.gov.au/new-austrac/en…

Hungry for more AML/CTF education? A smorgasbord of resources awaits you! Some of our e-learning modules are being updated due to current legislation, but we have plenty of bite-sized AML/CTF education to snack on🍽️ow.ly/A18M50YK8F0

You can read more about the consequence of not complying with your AML/CTF obligations on our website: austrac.gov.au/industry-and-b…

We're calling on the industry to: •review and update their ML/TF risk assessments •identify vulnerabilities and put in place clear, practical systems and controls •improve customer risk assessments and ensure prompt reporting when red flags arise.

Our latest research shows that wealth management businesses remain vulnerable to financial crime by not identifying high-risk customers. ow.ly/V07m50YJ8nB