AUSTRAC typologies and case studies report 2013

The Australian Transaction Reports and Analysis Centre (AUSTRAC) is Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) regulator and specialist financial intelligence unit (FIU).

AUSTRAC’s purpose is to protect the integrity of Australia’s financial system and contribute to the administration of justice through its expertise in countering money laundering and the financing of terrorism.

Typologies and case studies report

AUSTRAC offers a range of education and guidance to assist industry in complying with its AML/CTF obligations.

The AUSTRAC typologies and case studies report 2013 is one example of such guidance. The case studies within this report highlight the value of industry’s reporting of financial transactions and suspicious matters to AUSTRAC.

The case studies demonstrate how following the money trail is an effective way of detecting the activities of organised crime networks. The cases also highlight the value of a whole-of-government approach to combating organised crime. They detail successes achieved through AUSTRAC and revenue, regulatory and law enforcement
agencies working together and sharing information about criminal activities.

AUSTRAC typologies and case studies Industry’s contribution

Click image below to read the report:

AUSTRAC Typologies and case studies report 2013

 

See: http://kycmap.com/AUSTRAC-Typologies-and-case-studies-report-2013.pdf