Latest AUSTRAC News

Maurice Blackburn launches new Crown class action after money laundering revelations spark share price plunge
AUSTRAC releases junket tour operations money laundering and terrorism financing risk assessment
New financial crime guide will zero in on NDIS fraud
APRA agrees to Enforceable Undertaking from Westpac to address risk governance weaknesses
APRA takes action against Westpac over breaches of liquidity standards
AUSTRAC releases Fintel Alliance operational results for 2019-20
Charges laid over international money-laundering operation
NSW police lay charges over international money-laundering operation
Westpac Board extends Peter King’s contract
Items affecting Westpac’s Second Half 2020 results and details of changes to divisions
Joint agency taskforce expands to target crime at border
AFP restrains assets from a man who sold child abuse material online
Maurice Blackburn to back shareholders in battle with Crown over governance concern share plunge
Westpac and AUSTRAC agreement approved by Federal Court
Westpac ordered to pay $1.3 billion penalty
Crown faces further shareholder class action scrutiny after money laundering revelations cause share plunge
AUSTRAC finalises external audit of Afterpay
NAB Suspicious Matter Reports to AUSTRAC
New financial crime guide to combat Australian wildlife trafficking
Securing and uniting Australia as part of Governments economic recovery plan
Securing and Uniting Australia as part of Government’s economic recovery plan
A mea culpa, not a fix: Australias biggest corporate fine isnt end of it for Westpac
AUSTRAC CEO’s statement on proposed Westpac settlement
Record penalty for breaches of anti-money laundering laws
Westpac and AUSTRAC reach agreement on AML/CTF civil proceedings subject to Federal Court approval
AUSTRAC and Westpac agree to proposed $1.3bn penalty
$1.6million in assets restrained in connection to Malaysian official bribery investigation
Adelaide man caught with child abuse material after suspicious transactions
$250 million in criminal assets restrained by AFP
Australian drug syndicate boss and high-ranking member sentenced in Melbourne
Organised crime syndicate charged and more than 500kg of cocaine seized in PNG
Organised crime syndicate charged over conspiracy to import cocaine
Update on Threshold Transaction Report filings
National Press Club address – 22 July 2020
$7.8 Million restrained after recent arrest of three men charged with conspiracy to defraud Commonwealth
Perth man charged over huge silencer and ammunition find
Update on APRA’s Westpac investigation
AUSTRAC litigation update
Sydney man charged for accessing live child abuse material online
Westpac releases findings into AUSTRAC Statement of Claim issues
Eighth person arrested after investigation into large scale email scam in Mosman
Almost $1 million of illicit drug cash forfeited after AFP investigation
New Rule will help Australians fleeing family and domestic violence gain financial independence
Three children rescued in Philippines after tip off from Australian authorities
Westpac files defence to AUSTRAC Federal Court proceedings
Cybercrime Squad detectives charge woman over unlawful digital currency exchange, NSW
Tax agents potentially compromised in early access to super fraud: ATO
Three children rescued in Philippines after tip-off from Australian authorities