AUSTRAC has welcomed the passage of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill 2024 in the Australian Parliament. This marks a development in the nation's ...

Australia is overhauling its anti-money laundering/counter-terrorism financing (AML/CTF) framework with a new set of AML/CTF Rules introduced in August 2025. AUSTRAC (the Australian financial ...

CPA Australia has issued a statement regarding the guidance material released by AUSTRAC on the new anti-money laundering and counter-terrorism financing (AML/CTF) regulations. The accounting body has ...

The Financial Advice Association Australia (FAAA) has implored advisers to reevaluate their exposure to AML/CTF obligations ahead of new reforms that will expand their compliance requirements ...

The timing of product providers moving to new customer due diligence rules could create an “unreasonable regulatory burden for AFSLs” under upcoming AML/CTF changes. In a joint submission to the ...

Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations are critical for preventing financial crimes. However, over-compliance with these regulations – when organisations go ...

The New York branch of Credit Suisse reached a deal with the Treasury Department’s Office of the Comptroller of the Currency (OCC) over compliance with its Bank Secrecy Act and anti-money laundering ...

Australia’s recent Anti-Money Laundering and Countering Terrorism Financing (AML/CTF) Amend-ment Act has quietly set a new global benchmark for integrity in financial regulation. It broadens the reach ...