Podcasts about austrac

Australia's crypto Travel Rule starts on 1 July 2026, and it is already changing how Aussies move Bitcoin and other crypto off exchanges. In this episode, Peter breaks down what AUSTRAC's rule actually requires, why exchanges are adding extra verification, and what it could mean for withdrawals, deposits, cold storage, and financial privacy.The key point is not that every blockchain transaction suddenly has your name written on-chain. The rule applies to regulated businesses such as exchanges, banks, remittance providers, and other virtual asset service providers. But if you move assets between an exchange and a self-custody wallet, expect more friction as platforms collect and pass on payer, payee, and tracing information.Is this a sensible compliance step to reduce scams and money laundering, or does it push too far into personal financial privacy? This episode looks at both sides and asks where the line should be drawn.Key Takeaways:- Australia's crypto Travel Rule takes effect on 1 July 2026 and applies to regulated crypto platforms and other financial businesses.- Crypto exchanges may need to collect and pass on identifying information when customers transfer assets to another platform or wallet.- The rule can apply regardless of transfer size, meaning small and large transfers may face similar compliance checks.- Withdrawals to self-custody wallets may require proof of wallet control before an exchange approves the transfer.- The Travel Rule does not mean names are automatically stamped onto public blockchains for every transaction.- Pure self-custody and peer-to-peer activity sit outside the exchange workflow, but deposits and withdrawals through regulated platforms can still face friction.- The debate is between stronger anti-scam and anti-money-laundering controls versus the loss of practical financial privacy for everyday crypto users.- Australian crypto users should understand the rule before moving assets so they are not surprised by delays or extra verification.Links & References:- https://link.learncardano.io/Z6geXE- Reddit - Please wait for verification: https://link.learncardano.io/HWI7V0- x.com: https://link.learncardano.io/bbReRJ- https://link.learncardano.io/frorAV- Australians are Withdrawing Their Bitcoin Because of This Rule Change: https://link.learncardano.io/3Jhrha- Binance Australia Mandates Full User ID for All Crypto Transfers Starting July 1: https://link.learncardano.io/sY4Rrj- Travel Rule Australia: Everything You Need to Know | Swyftx - Cheap, Easy, Secure: https://link.learncardano.io/50r9d9Website: https://link.learncardano.io/bQ68RcX/Twitter: https://link.learncardano.io/3a1QtvDisclaimer: This content is for educational purposes only. Nothing constitutes financial advice.DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.

If you've ever sent money to family back home or received a large amount from overseas, the Australian Taxation Office (ATO) would want to know about it. Most transfers are legal and untaxed, but the rules around what to declare, what to keep records of, and the AUSTRAC and ATO rules most people don't realise apply to them. In the final episode of Money Matters, Swati Sharma of SBS Hindi sits with registered tax agent Puneet Singh ahead of the EOFY to walk through the rules on sending and receiving money or inheritance from overseas.In the final episode of Money Matters, host Swati Sharma sits with a registered tax agent to walk through the rules on sending and receiving money or inheritance from overseas.

This publication provides general information only and is not legal or professional advice. CPA Australia gives no warranties as to its accuracy, completeness or suitability and disclaims all liability for reliance on it. Listeners should seek their own independent advice for their circumstances. What does Australia's biggest AML (anti-money laundering) reform in years mean for accountants, lawyers, advisers and business owners?  This episode breaks down the tranche 2 anti-money laundering reforms, the growing role of AUSTRAC, and why professional service firms are becoming critical gatekeepers in the fight against financial crime.  The discussion explores how money laundering really works, why criminals target trusted advisers, and the practical steps businesses need to take to prepare for new compliance obligations.  Main learnings:  Why Australia is expanding AML reporting obligations  How accountants and lawyers help identify suspicious activity  What suspicious matter reporting involves in practice  Why knowing your customer is central to AML compliance  The role of AUSTRAC as regulator and intelligence agency  Common red flags linked to financial crime and tax evasion  How smaller businesses can approach AML compliance practically  This episode offers practical guidance for accounting, finance and advisory professionals navigating Australia's evolving AML landscape.  Listen now.  Host:  Jacqueline Blondell, editor, CPA Australia  Experts:  Brendan Thomas, AUSTRAC CEO  Geoff Peck, a former fraud squad detective with Victoria Police's major Fraud Group, and managing director Forensic & Integrity Solutions Amanda Wood, managing director, Kroll's Investigations, Diligence and Compliance Practice  For more, head to the Australian Institute of Criminology website.  Need help with your AML/CTF obligations? AUSTRAC and CPA Australia have a host of resources. AUSTRAC's guidance for small business is another useful resource.  And head to the Crime By Numbers homepage to catch up on earlier eps in this second series as well as series 1.   Loving this episode?  Listen to more INTHEBLACK episodes and other CPA Australia podcasts on YouTube. https://www.youtube.com/@CPAaustralia/podcasts  And don't forget to click subscribe to the channel for a wide range of content that will help your career.  CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:  With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest   INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack  INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud  Excel Tips https://www.cpaaustralia.com.au/tools-and-resources/podcasts/excel-tips   Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au Chapters: 00:00 Disclaimer 00:21 The social purpose of anti-money laundering 00:45 Introduction to Crime By Numbers Episode 3  01:28 AUSTRAC's role in Australia's AML/CTF regime 02:44 History of money laundering laws and Tranche 2 reforms 03:22 Why Australia is catching up with global AML standards 04:20 Why accountants and lawyers see risks banks can't 05:23 Core obligations for new AML gatekeepers: KYC and reporting 07:05 Comparing Tranche 1 and Tranche 2 compliance challenges 08:15 Embedding AML compliance into professional practices 09:37 Knowing your customer and hidden criminal risk 11:03 Business benefits of stronger AML processes 11:37 Common misconceptions about money laundering and cash 12:39 AUSTRAC guidance, starter kits, and industry support 14:29 Enforcement approach, penalties, and expectations 15:13 The real victims behind money laundering crimes 16:32 Resources for new gatekeepers and closing remarks

This publication provides general information only and is not legal or professional advice. CPA Australia gives no warranties as to its accuracy, completeness or suitability and disclaims all liability for reliance on it. Listeners should seek their own independent advice for their circumstances.  Ever wondered how criminal money moves through today's financial systems?  The answer is more complex today than ever before.  This episode explores the networks, tactics and technologies reshaping money laundering across the world.  From romance scams and money mules to crypto and the metaverse, gain practical insight into how organised crime adapts to digital finance and global markets.  You will learn:  How money mules are recruited and used in laundering operations  Why romance scams are still one of the fastest-growing financial crimes  How hawala dealers move money across borders without physical transfers  The role of jewellery, food, real estate and sport in laundering activity  Why cryptocurrency is creating new compliance and detection challenges  How criminals are exploiting virtual worlds and the metaverse  Listen now.   Host: Jacqueline Blondell, editor, CPA Australia  Experts:  Kris Wilson, from the Australian Federal Police's Joint Policing Cyber Crime Coordination Centre  Brendan Thomas, AUSTRAC CEO  Dr Milind Tiwari, senior lecturer the Australian Graduate School of Policing and Security at Charles Sturt University in Canberra  Geoff Peck, a former fraud squad detective with Victoria Police's major Fraud Group, and managing director Forensic & Integrity Solutions For more, head to the Australian Institute of Criminology website.  Need help with your AML/CTF obligations? AUSTRAC and CPA Australia have a host of resources. Stay tuned for episode three coming soon where we look at the new gatekeepers being recruited to join the fight against money laundering.  Loving this episode?  Listen to more INTHEBLACK episodes and other CPA Australia podcasts on YouTube. https://www.youtube.com/@CPAaustralia/podcasts  And don't forget to click subscribe to the channel for a wide range of content that will help your career.  CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:  With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest  INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack  INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud  Excel Tips https://www.cpaaustralia.com.au/tools-and-resources/podcasts/excel-tips  Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au  Chapters: 00:00 Disclaimer 00:20 Could the metaverse and crypto become the next money laundering frontier? 00:43 Welcome to Crime by Numbers Episode 2 01:18 How do fake businesses, cash and invoices help launder money? 02:23 Why are accountants, lawyers, and gold dealers money laundering gatekeepers? 03:36 What is Hawala, and how does it move money without crossing borders? 05:22 How is soccer used for money laundering? 05:53 Why is the food industry vulnerable to money laundering and food fraud? 08:31 What crimes most commonly drive money laundering in Australia? 10:03 What is a money mule, and how are people recruited? 13:34 Why are crypto ATMs a growing money laundering risk? 14:40 Why does cryptocurrency make money laundering harder to detect? 15:26 How could the metaverse enable money laundering in the future? 16:54 What's next: who are the new gatekeepers fighting money laundering?

This publication provides general information only and is not legal or professional advice. CPA Australia gives no warranties as to its accuracy, completeness or suitability and disclaims all liability for reliance on it. Listeners should seek their own independent advice for their circumstances.  Money laundering.  It's a business that's rife worldwide, with billions of dollars illegally laundered each year.  In Australia it's estimated that money laundering costs the economy A$60 billion a year.  In 2026, money laundering is under the microscope because Australia's Anti-Money Laundering and Counter Terrorism Regime is being expanded.  New gatekeepers are being added to the mix to fight against this crime, including accountants, lawyers, real estate agents and dealers in precious metals and gems.  In this second series of Crime by Numbers, delve into the murky depths of the world's laundromat.  Episode one goes inside the laundry and explores why money laundering is so harmful, the far-reaching costs to individuals and economies and what we can do to clean it up.  Listen now.  Host:  Jacqueline Blondell, editor, CPA Australia  Experts:  Geoff Peck, a former fraud squad detective with Victoria Police's major Fraud Group, and managing director, Forensic & Integrity Solutions Brendan Thomas, AUSTRAC CEO  Amanda Wood, managing director, Kroll's Investigations, Diligence and Compliance Practice  Dr Milind Tiwari, senior lecturer the Australian Graduate School of Policing and Security at Charles Sturt University in Canberra  Kris Wilson, team leader, Cybercrime Investigations at Australian Federal Police  For more, head to the Australian Institute of Criminology website. Need help with your AML/CTF obligations? AUSTRAC and CPA Australia have a host of resources. In the next episode of Crime by Numbers, discover how money mules such as Boliang Liu operate and the scams that lie behind the money laundering process.  Also, hear how the metaverse is transforming money laundering and making the detection process a lot trickier.  Stay tuned for episode two coming soon: The players and the crimes.  Loving this episode?  Listen to more INTHEBLACK episodes and other CPA Australia podcasts on YouTube. https://www.youtube.com/@CPAaustralia/podcasts  And don't forget to click subscribe to the channel for a wide range of content that will help your career.  CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:  With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest  INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack  INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud  Excel Tips https://www.cpaaustralia.com.au/tools-and-resources/podcasts/excel-tips  Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au  Chapters 00:00 Disclaimer 00:22 How much dirty money is in the Australian economy? 00:43 What is money laundering and why does it matter? 01:16 Inside the Laundry: episode overview 01:33 The history of money laundering from ancient China to Prohibition 01:57 Where did the term "money laundering" come from? 03:39 What does money laundering cost the global and Australian economy? 04:22 Which crimes generate the most laundered money in Australia? 04:43 AUSTRAC explained: who it regulates and why reforms are expanding 05:15 Brendan Thomas on dirty money in Australia 05:54 Is money laundering a victimless crime? 07:36 How fraud against government programs like the NDIS links to money laundering 09:17 How money laundering works: placement, layering and integration 10:24 Real case study: how $60 million moved through global bank accounts 12:25 Shell companies and money laundering red flags 13:45 Bank capture, major AML failures and billion-dollar fines 14:52 Operation Taipan: how Australian banks helped detect a laundering syndicate 16:07 Next episode: money mules, scams and the metaverse

Australia just gave Bitcoiners another reason to wake up: if you don't control your money, someone else will.In this first Sat Signal panel, Adam Hudson is joined by Sean Clarke, Will Wright AKA Crypto Will, and Bisher Khudeira from Stormrake to unpack what they see as a major shift for Australian crypto investors and Bitcoiners.They dig into the proposed changes to capital gains tax, AUSTRAC reporting, the FATF travel rule, Bitcoin mining, self-custody, SMSFs, bank controls, and why more Australians are starting to look for ways to protect their wealth outside the traditional system.Want to learn Bitcoin the safe and simple way?

Australia just gave Bitcoiners another reason to wake up: if you don't control your money, someone else will.In this first Sat Signal panel, Adam Hudson is joined by Sean Clarke, Will Wright AKA Crypto Will, and Bisher Khudeira from Stormrake to unpack what they see as a major shift for Australian crypto investors and Bitcoiners.They dig into the proposed changes to capital gains tax, AUSTRAC reporting, the FATF travel rule, Bitcoin mining, self-custody, SMSFs, bank controls, and why more Australians are starting to look for ways to protect their wealth outside the traditional system.Want to learn Bitcoin the safe and simple way?

This week, Elliot Berman and John Byrne break down a packed slate of AML and financial crime developments shaping the global landscape. They start in the U.S. with two new FinCEN alerts—one highlighting Iran's use of front companies, digital assets, and complex corporate structures to evade sanctions, and another warning of heightened human trafficking risks tied to the 2026 FIFA World Cup. The conversation expands into broader trafficking concerns From there, they unpack the OCC's latest risk perspective, emphasizing persistent cyber threats, rising fraud sophistication, and mounting pressure on compliance systems amid geopolitical tensions. On Capitol Hill, attention turns to the Clarity Act and its push to build a regulatory framework for cryptocurrencies—alongside mounting concerns from banks and law enforcement about stablecoins, AML enforcement, and investigative visibility. Internationally, they discuss Canada's dramatic increase in AML penalties, AUSTRAC's updated risk outlook and virtual asset focus, Switzerland's proposed AML rule changes, and The EU's push toward a unified anti-corruption strategy.

The ASX 200 we dropped 134 points to 8744 (-1.5%) today as the banking sector came under extreme pressure. We saw CBA down 1.9%, WBC down 4.8% ex-dividend today and the Big Bank Basket falling to $288.50 (-2.3%). Other financials also under pressure today, with the insurers falling as QBE updated the market on their gross written premium expectations and MQG suffering after reporting their second-biggest profit ever, falling 1.1%. Other financials also in trouble today included GQG falling 4.1% and the ASX down 3.2% too, with ZIP giving up some of its gains this week. REITs also under pressure with GMG down 1.9% and SCG down 2.4%. Industrials generally were weaker today, with WES continuing to fall as well, down 2.0% with ALL slipping lower too. Healthcare once again eased back, with CSL falling again and RMD slipping 0.9%. Both COL and WOW slipped today, as well as utilities, where we had ORG down 2.3% and APA down 2.0%.Resources generally were somewhat better than their banking cousins, with BHP down only 1.0%, RIO off 0.8%, and the gold miners easing back, but generally a little mixed, and we had NST down 2.5%. Lithium stocks slipped, and we saw energy stocks as well under some pressure, with WDS down 1.4% and the coal stocks easing back together with uranium stocks.In corporate news today, REA rose 1.4% despite lowering its full-year cost growth guidance. QBE reaffirmed its guidance, and TAH continued to fall on analyst downgrades following the investigation launched by AUSTRAC. We also had NWS results today with a stronger-than-expected third quarter.Nothing on the economic front as we await US NFP numbers for April. Locally, Westpac pushed out its next RBA rate rise to August. UK Council elections see 'Reform' doing well.Asian markets saw losses today; Japan slipped 0.4% on the Nikkei, HK down 1.1% and China down 0.5%.US futures slightly higher. Dow up 85, Nasdaq up 137. European markets set to fall around 0.7%.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcastJoin Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offerMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcastPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

1The ASX 200 soared another 85 points to 8878 as US markets hit records. The Japanese market breached 62,000 for the first time ever, and resources rebounded hard on the back of falling oil prices. The banking sector was firm, with the Big Bank Basket rising to $295.43 (+0.5%), despite NAB going ex-dividend today, which wiped around 12 to 14 index points off. Other financials also had a good day, with the likes of HUB doing well, MQG up 0.5% and NWL also doing well. The Macquarie Conference continues, and ZIP rose 4.8% following an update which was pretty well known, given the results have only just come out. Industrials, though, were a little wishy-washy across the board, with healthcare once again under some pressure, as CSL fell another 2.1%, SIG also falling perhaps on its UK expansion plans, and utilities also under some pressure, as ORG fell 2.6% as well. Retail sector was better, with WES rising 1.4%, together with JBH up 2.0% as well. One that did disappoint was SUL, down 2.9%, as it updated the market on disappointing trading conditions. Over in the gaming space, ALL fell slightly, but the big fall of the day was TAH, which was smashed 23.5% after news that AUSTRAC was investigating the bookie. LNW also fell 8.3% on the back of their results today. Technology shares were once again under pressure, with WTC down 0.9% and XRO falling 2.0%  and the All -Tech Index down 0.1%.The stars of the show today, though, were the iron ore majors in the resource sector, together with the gold miners as bullion rallied hard as the oil price has fallen. NST up 4.4%, EVN up 6.3%, and NEM up 2.8%, helping the index. BHP had a great day, up 3.8%, as it looks to rise towards $60. Uranium shares were also flying today, as their international counterparts rallied hard, PDN up 8.5%. In the coal sector, not such a merry old place to be. NHC fell 4.3%. WDS and STO both hit hard today, as the crude price fell. In corporate news today, BFG bounced hard on better profit numbers, A1N dropped and entered a trading halt as the fallout from the Kyle and Jackie ‘O' show continues. FPR had a strong first half, but SUL struggled on the sales front. In economic news today, we had the international trade in goods numbers, which decreased by $6.867bn in March.Asian markets saw big gains as they returned from Golden Week holidays and played catch-up. Japan soared 6% on the Nikkei, HK up 1.4% and China up 0.3%. US futures slightly higher. 10-year yields drifted to 4.93%—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcastJoin Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offerMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcastPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

Friday 8 May 2026 The top five business stories in five minutes, with Sean Aylmer and Juliette Saly. East coast gas reservation ASX surges on peace hopes Austrac investigates Tabcorp Housing market downturn Ted Turner dies Hit follow on the podcast so you don’t miss the latest news. Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - how not to make your finances overly complicated. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Support the show: http://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Friday 8 May 2026 The federal government will introduce an east coast gas reservation system that requires producers to sell at least 20 per cent of gas extracted in Australia, to Australians. ASX surges on peace hopes Austrac investigates Tabcorp Housing market downturn Ted Turner dies Hit follow on the podcast so you don’t miss the latest news Join our free daily newsletter here And don’t miss the latest episode of How Do They Afford That? - how not to make your finances overly complicated. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Tabcorp faces another Austrac investigation, ARN hit with a record shareholder revolt over executive pay after tearing up Kyle and Jackie O’s contracts. Plus, fresh budget overspending warnings as markets absorb the latest rate rise.See omnystudio.com/listener for privacy information.

7月1日起，会计师、律师、地产中介、信托与公司服务商将被正式纳入AUSTRAC的监管范围，哪些日常行为可能就踩红线？点击音频，收听完整报道。

Welcome to episode 241 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the US Department of Justice has launched a $40 million remission process for victims of the OneCoin cryptocurrency fraud, and new sanctions are issued targeting casinos and associates linked to the Cartel del Noreste. AUSTRAC has warned the wealth management sector over a significant lack of suspicious matter reporting, and the UK government has a call for evidence on how ownership and control rules are applied in financial sanctions compliance. The episode also covers a cyber incident at the law firm Jones Day, the conviction of a former Ugandan minister, and a billionaire broker argues for the removal of the ban on insider trading.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

Welcome to episode 240 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the US Treasury issues guidance targeting "sham transactions" used to evade sanctions, and the DoJ establishes the National Fraud Enforcement Division to coordinate major fraud prosecutions. Globally, Operation Atlantic disrupts $45 million in cryptocurrency schemes. In Australia, AUSTRAC has announced findings on AML vulnerabilities in foreign−owned banks and the US Attorney's Office for New Jersey has made a record $1.5 billion in criminal and civil recoveries. Finally, some news on oversight for stablecoin issuers and the latest developments in a significant costs dispute involving the Serious Fraud Office.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

Welcome to episode 237 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, OFSI issues a £390,000 penalty against Apple Distribution International for breaching Russia sanctions, and AUSTRAC significantly tightens anti-money laundering controls. In the US, there is a coordinated warning from the US Treasury and FinCEN regarding organised fraud targeting healthcare, alongside a new proposed whistleblower framework. Additionally, the FCA fines Dinosaur Merchant Bank for market abuse surveillance failures, and there is a critical report on stalled anti-corruption reforms across the European Union. Finally, we consider an international operation coordinated by Eurojust against large-scale bankruptcy fraud and the World Economic Forum's analysis of how artificial intelligence is accelerating global cyber fraud.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

Angira Bharadwaj and Joyce Moullakis on why CBA ended up in the middle of a billion dollar loan fraud scandal, how its spreading to the other banks and who might be behind it. This podcast is sponsored by Woodside Energy Further reading:Escalating $1b loan fraud scandal threatens to engulf top banksAUSTRAC is investigating a widening mortgage loan fraud scandal, after a syndicate duped Commonwealth Bank into writing $1 billion in loans off fake payslips.AUSTRAC calls in 10 banks for key meeting on spike in mortgage fraudThe agency requested data from the lenders as it works to assess the extent of the fraud and whether properties funded by criminal proceeds should be seized.CBA probes $1b in suspected fraudulent home loans, calls in policeThe country’s largest bank is working to assess how many loans have been secured based on doctored applications, including documents created using AI.See omnystudio.com/listener for privacy information.

Season 2 Episode 1: From Compliance to Capability: AUSTRAC's Expectations for Corporate Australia In this episode of On Just Terms, Herbert Smith Freehills Kramer disputes partners Jason Betts and Bryony Adams speak with Brendan Thomas, CEO of AUSTRAC, about the evolving financial crime risk landscape facing corporate Australia. Over the course of their discussion, Mr Thomas shares a number of invaluable insights about AUSTRAC's expectations about the ways in which companies manage financial crime risk, with a particular focus on common mistakes and what ‘good' looks like. This is a ‘must listen' for any directors and executives at companies whose services are caught by Australian anti-money laundering laws but will also be of interest more generally to anyone with an interest in the governance and oversight of non-financial risk.

In this week's episode of This Week in AML, Elliot Berman and John Byrne break down a wide-ranging set of developments shaping the financial crime landscape. They begin with the U.S. Treasury's three newly released national risk assessments—money laundering, terrorist financing, and proliferation financing—highlighting key findings on fraud trends, shell companies, NPO vulnerabilities, and geopolitical threats. Elliot and John also discuss emerging insights from the IRS on the value of CTRs, the White House's new cybersecurity strategy, upcoming AMLA public hearings in the EU, and AUSTRAC's expanded compulsory examination powers. Additional topics include recent enforcement actions targeting illicit Iranian oil networks, covert Russian vessel-protection teams, and FATF's updated consolidated assessment ratings. A must‑listen for compliance professionals looking to stay current in a rapidly shifting environment.

(This encore presentation episode was originally published on Dec 9, 2025)  When anti-money laundering (AML) comes to mind, most accountants assume it only applies to large transactions – but that's now changing.  This episode explains new AML obligations for accountants. Specifically, how the reforms to AML and counter terrorism financing (CTF) in 2026 will affect many accounting practices.  You'll gain a clear understanding of what the changes will mean, including which services fall under the new designated services rules, how the regulator AUSTRAC (Australian Transaction Reports and Analysis Centre) will assess compliance and what firms can do now to prepare.  Key learnings include:  An explanation of the regulator AUSTRAC's role and tranche two reforms to the AML/CTF regime  The timeline for implementation of these new reforms  How to identify whether your services qualify as "designated" services  How to conduct risk assessments  Why client onboarding and beneficial ownership checks will become more detailed  What sole practitioners should consider in meeting new compliance obligations  Tune in now for valuable information on this key reform in 2026.  Host: Neville Birthisel, Advisor, Regulations and Standards, CPA Australia  Guest: Adrian Verdnik, Partner and Section Leader, Banking and Financial Services Practice, Hall & Wilcox. His financial services law practice covers superannuation, managed funds, insurance and financial advice.  Learn more about today's episode guest at the Hall & Wilcox website.  AUSTRAC's site has more information on what accountants need to know about AML and CTF reform.  Additionally, CPA Australia's Public Practice My Firm My Future site has further information on AML and CTF obligations for many practitioners in Australia.  Loving this episode?  Listen to more With Interest episodes and other CPA Australia podcasts on YouTube.  CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:   With Interest  INTHEBLACK  INTHEBLACK Out Loud  Excel Tips  Search for them in your podcast platform.   Email the podcast team at podcasts@cpaaustralia.com.au   Disclaimer:  All works contained in this podcast are not intended to constitute legal or professional advice and may not reflect the views and opinions of CPA Australia. CPA Australia does not warrant or make representations as to the accuracy, completeness, suitability or fitness for purpose of this podcast and disclaims all liability and responsibility for any acts or omissions made in reliance of this podcast. Individuals should seek their own independent legal, financial or other advice for their specific circumstances. 

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Welcome to episode 229 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, there is major US civil forfeiture action targeting an oil tanker and 1.8 million barrels of crude oil linked to illicit trade between Iran and Venezuela. The FATF has warned that stablecoins accounted for 84% of illicit virtual asset volume in 2025, alongside an OPBAS report flagging persistent enforcement weaknesses in the AML supervision of professional services firms. In the EU, the EPPO reveals that VAT and customs fraud drove over €45 billion in estimated damages last year, while the NCA's 2025-2026 Annual Plan shifts resources toward disrupting high-level corrupt elites and professional enablers. Finally, AUSTRAC has briefed the legal sector on upcoming AML/CTF obligations and the NCSC has warned UK organisations to harden cyber defences amid ongoing Middle East instability.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

In this week's episode, Elliot and John cover a fast-moving slate of anti–financial crime developments across the U.S. and around the globe. They break down former President Trump's multibillion-dollar lawsuit against JPMorgan, evolving debates over U.S. regulatory burden and supervisory staffing at the Federal Reserve, and new legislative pushes to change AML reporting thresholds. Internationally, they explore AMLA's next steps toward direct supervision of 40 high-risk EU financial institutions, significant enforcement actions in Spain and the U.K., and Austrac's probe into payments giant Airwallex. The conversation also highlights new leadership at the Wolfsberg Group, Europol's report on skyrocketing maritime cocaine trafficking, and crypto crime findings from Chainalysis and TRM Labs. The episode closes with a discussion of recent money laundering cases and industry responses to the tragic Minneapolis shooting.

Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we lead with news the US dollar is being marked down as demand for precious metal hedges rises.But first in the US there were 260,000 initial jobless claims last week, down -71,000 from the prior week and a marginally smaller change that the -73,000 change seasonal factors would have expected. There are now 2.21 mln people on these benefits, marginally less than the 2.24 mln a year ago. Two years ago, pre-Trump, there were 1.75 mln people on these benefits.US real personal income rose +1.0% in November from the same month a year ago. On this inflation-adjusted basis it has been flat since April 2025. But real personal consumption expenditures rose +2.6%. On an inflation-adjusted basis this is the same pace of rise that started in April 2021. It has been driven recently by services and non-durable goods. While the PCE data is still within the Fed's inflation band, the income drag will be worrying policymakers. The spending rise can't be maintained.The latest regional Fed factory survey, this one from the Kansas City Fed, shows no improvement from its dour base. It is still negative.Malaysia's central bank reviewed its monetary policy and related policy rate overnight and made no change to its 2.75% level. They have a strong economic expansion underway, and inflation is low.Japan's exports rose +5.1% in December from the same month a year ago, the fourth monthly increase and reaching a record value. As good as that was, analysts had expected a rise of +6.1%. Imports climbed +5.3% on the same basis, the fastest pace in 11 months and much faster than November's +1.3% rise.The EU's consumer sentiment survey for January was marginally better (less worse) than for December - again. This continues the slow grinding improvement from its depths in September 2022 and halving that negative level. But it is still negative at double the negative pre-pandemic. Still it is on an improved trajectory and that is in sharp contrast to the US where the similar UofM survey is now deeply negative with a recent deterioration and half the level it was pre-pandemicIn Australia, their labour market performed well in December. Employment increased by +65,000 in the month to 14.65 mln, with full time employment up +54,800 and part-time employment up +10,400. Hours worked rose. As a consequence their jobless rate fell to 4.1%, well below the prior 4.3% and the expected 4.4%. This probably ends any chance of a rate cut early February and brings forward the chance of a rate hike in 2026. Everything now depends on next week's CPI outcome where there is upside risk to November's 3.4% CPI rate now.Staying in Australia, job ad portal Seek is saying their platform shows job ads dropped -1.2% in December from November, and are down -3.5% from the same month a year ago. Applications per job ad fell -0.3% in December, "demonstrating a slightly sharper year-end decline in candidate activity than usual".And Australian unicorn Airwallex is to be investigated by the money laundering regulator AUSTRAC. They suspect "serious non-compliance" by the global payments platform, specialising in moving money internationally for dodgy clients.And we should probably note that the Trump Administration has advanced its role in granting licenses to mine the seabed in international waters. It is currently mapping resources off Samoa, and it has granted its first license to mine in international water to a US miner. The US only recognises a 12 mile country claim, so vast areas are now open to grant permits for their firms to mine. There is potential trouble ahead on jurisdictional issues.Global container freight rates fell -10% last week from the prior week to be -43% below year-ago levels. Bulk cargo freight rates rose +16% in the past week to be double year-ago levels.The UST 10yr yield is now just on 4.25%, down -3 bps from this time yesterday.The price of gold will start today at US$4909/oz, and up another +US$66 from yesterday and a new record again. Silver is up +US$2.50/oz at US$96/oz and also a record high.American oil prices are down -US$1 from yesterday at just on US$59.50/bbl, while the international Brent price is now just under US$64/bbl.The Kiwi dollar is firmer from yesterday, up +50 bps to 59 USc as the USD is devalued in financial markets. Against the Aussie we are little-changed at 86.4 AUc. Against the euro we are up +30 bps at just on 50.3 euro cents. That all means our TWI-5 starts today just on 62.9, and up +40 bps from yesterday and its highest since late September.The bitcoin price starts today at US$89,026 and up +1.2% from this time yesterday. Volatility over the past 24 hours has been modest at just on +/- 1.7%.Join us later this morning when we will report the New Zealand Q4-2025 CPI result, which could set the scene for the RBNZ decisions in 2026, the next one on February 18, 2026. Markets expect a 3.0% CPI rate, right at the top end of the central bank's policy comfort level.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again on Monday.

تشير الإحصاءات تجاوز التحويلات المالية لخارج أستراليا 38 مليار دولار في عام واحد، كانت الصين والهند في مقدمة الدول المتلقية، تليهما فيتنام والفلبين. هذه الأرقام، على ضخامتها، لا تعبّر عن القصة كاملة. فالتحويلات المالية بالنسبة لبعض المهاجر ليست مجرد عملية مصرفية، بل فعل إنساني عميق: علاج مريض، إنقاذ عائلة من كارثة طبيعية، أو دعم أب وأم في شيخوختهما. وفق المهندس التقني محمد زعتر، لا يزال النظام المالي الأسترالي يخضع لرقابة صارمة، إذ تُبلَّغ التحويلات النقدية التي تتجاوز 10000دولار أسترالي إلىAUSTRAC في إطار مكافحة غسل الأموال وتمويل الجريمة، ما يجعل التحويل محفوفًا بالتعقيد والانتظار للمحتاج. من هنا، وُلدت فكرة المهاجر المصري مهندس البرمجيات محمد زعتر مع صديقه البريطاني من أصول باكستانية، إذ قال زعتر : "النظام المالي الأسترالي لا يعامل جميع المهاجرين على قدم المساواة، فالتحويل إلى بعض الدول سريع ورخيص، بينما التحويل إلى دول أخرى، مثل مصر أو غيرها من الدول، يفرض على المهاجر خيارًا قاسيًا: السرعة مقابل كلفة مرتفعة، أو الكلفة المنخفضة مقابل بطء قد يكون قاتلًا في حالات الطوارئ". فأنشا مشروعًا طموحًا لحل المشكلة مع المهاجرين، فما هو؟ وما تفاصيله؟ استمعوا للتفاصيل بالضغط على زر الاستماع في الأعلى.

In this second part of our year-in-review series, Elliot Berman and John Byrne examine the major developments from July to December 2025. From Treasury's delay of the investment advisor rule and the adoption of the GENIUS Act to the staggering $2 billion in crypto theft, the conversation covers critical shifts in financial crime prevention. They discuss staffing cuts at the State Department, EU fintech risk assessments, FATF's new national risk assessment toolkit, and the humanitarian toll of sanctions. Other highlights include AMLA's growing role in EU crypto oversight, AUSTRAC's crackdown on casino compliance, and global enforcement trends. Plus, insights on OCC's testimony signaling regulatory priorities for 2026 and FATF's report on combating online child exploitation. Stay informed as we close out a turbulent year in compliance.

A quiet session on the ASX with the index rising 3 points to 8588. The banks held up with CBA rising 0.7% and the Big Bank Basket rising to $271.08 (0.2%). Insurers better too, other financials drifting lower, REITs better with VCX up 0.8% and SCG up 1.0%. Industrials mixed, ORG fell 2.5% with WOW and COL pushing around 1.0% better, retail was mixed, JBH up 1.6% and APE down 1.4%. Tech stocks making some gains after significant losses, WTC up 1.6% and XRO finding support up 2.5%. REA and CAR also finding support.Resources were mixed, gold miners gave back some of the gains with EVN down 1.1% and NEM off 1.5% with iron ore miners better, BHP moved 1.1% ahead with RIO doing well too. Lithium stocks gave back some gains and uranium stocks under pressure after BOE fell 24.6% on a Honeymoon update. DYL down 7.8% and PDN down 4.8%. In oil and gas, the big news was the surprise resignation of WDS CEO Meg O'Neill to take up the helm at BP. WDS dropped 2.7% on the news, STO rose 1.0% as crude rose.In corporate news, BAP rallied 15.5% from lows on the CEO resignation. APA rose 1.2% after selling 20% interest in GDI. BEN fell 1.5% on AUSTRAC news as it continues to investigate.On the economic front, NZ GDP grew at 1.1% last quarter.Asian markets weaker again, Japan down 0.2%, HK down 0.3% and China up 0.4%.US futures: Dow down 23 Nasdaq up 9110-year yields steady at 4.75%.Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

In this episode of This Week in AML, Elliot Berman and John Byrne dive into International Anti-Corruption Day and explore contrasting approaches to corruption and financial crime across the globe. From the UK's ambitious anti-corruption strategy and new FCA tools to the Basel AML Index findings, AUSTRAC's compliance updates, and EU fraud crackdowns, the discussion highlights global trends and challenges. The hosts also examine recent U.S. developments, including OCC guidance on crypto transactions and the newly released National Security Strategy, offering a perspective on what these changes mean for compliance professionals.

All works contained in this podcast are not intended to constitute legal or professional advice and may not reflect the views and opinions of CPA Australia. CPA Australia does not warrant or make representations as to the accuracy, completeness, suitability or fitness for purpose of this podcast and disclaims all liability and responsibility for any acts or omissions made in reliance of this podcast. Individuals should seek their own independent legal, financial or other advice for their specific circumstances. When anti-money laundering (AML) comes to mind, most accountants assume it only applies to large transactions – but that's now changing.  This episode explains new AML obligations for accountants. Specifically, how the reforms to AML and counter terrorism financing (CTF) in 2026 will affect many accounting practices.  You'll gain a clear understanding of what the changes will mean, including which services fall under the new designated services rules, how the regulator AUSTRAC (Australian Transaction Reports and Analysis Centre) will assess compliance and what firms can do now to prepare.  Key learnings include:  An explanation of the regulator AUSTRAC's role and tranche two reforms to the AML/CTF regime  The timeline for implementation of these new reforms  How to identify whether your services qualify as "designated" services  How to conduct risk assessments  Why client onboarding and beneficial ownership checks will become more detailed  What sole practitioners should consider in meeting new compliance obligations  Tune in now for valuable information on this key reform in 2026.    Host: Neville Birthisel, Advisor, Regulations and Standards, CPA Australia  Guest: Adrian Verdnik, Partner and Section Leader, Banking and Financial Services Practice, Hall & Wilcox. His financial services law practice covers superannuation, managed funds, insurance and financial advice.  Learn more about today's episode guest at the Hall & Wilcox website.  AUSTRAC's site has more information on what accountants need to know about AML and CTF reform.  Additionally, CPA Australia's Public Practice My Firm My Future site has further information on AML and CTF obligations for many practitioners in Australia.  Loving this episode?  Listen to more With Interest episodes and other CPA Australia podcasts on YouTube.  CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:  With Interest  INTHEBLACK  INTHEBLACK Out Loud  Excel Tips  Search for them in your podcast platform.  Email the podcast team at podcasts@cpaaustralia.com.au 

APAC compliance is entering its most disruptive year in a decade, and 2026 is set to reshape how organisations across the region manage financial crime, data, cyber, ESG and whistleblowing risk. In this episode, we bring you the audio from our expert webinar on the major regulatory shifts unfolding across Asia Pacific and what they mean for compliance teams. Our speakers break down Australia's Tranche 2 AML/CTF reforms and what it means for the tens of thousands of professional services firms being brought into scope. They explore the rapid rollout of new data and AI laws across Southeast Asia, tightening cyber requirements in Hong Kong and Singapore, and the growing wave of mandatory ESG disclosures in Japan and South Korea. The discussion also covers stepped-up anti-bribery enforcement, whistleblowing expectations, and stricter AML and licensing requirements for digital-asset firms. In this episode, you'll hear about: • Australia's Tranche 2 AML/CTF regime and AUSTRAC obligations • Vietnam's PDPL, India's Digital India Act and rising data penalties across Southeast Asia • Cyber and critical-infrastructure rules taking hold in Hong Kong and Singapore • Mandatory climate and supply-chain disclosures across Japan, South Korea, Australia and New Zealand • Bribery, corruption and whistleblowing enforcement trends across the region • AML, KYC and licensing changes affecting crypto and fintech firms This episode is ideal for compliance managers, legal counsel, risk leaders and anyone working with APAC operations in financial services, professional services, tech, real estate or multinational supply chains who needs to prepare for the year ahead.

Michael Guerin sits down for a rare chat with the boss of Entain Australia/New Zealand, Andrew Vouris, to discuss the business & future in Aotearoa, racing & sport wagering, & AUSTRAC. And a trip to Cambridge means a check in with Little Mickey G, who's heading to the sales in January. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on The Fin, Lucy King and James Eyers on Australia’s crypto ATM boom, how they are being used for investment scams and why Australia is being targeted.This podcast is sponsored by Salesforce Further reading: ‘Devastated’: How I lost $500k in a crypto ATM scamMary, 85, is one of thousands of victims of Australia’s boom in crypto ATM’s, which suck in $275 million a year, and are the “getaway cars” for scammers. Consumers, banks urge outright ban on crypto ATMsHome Affairs Minister Tony Burke will give AUSTRAC powers to restrict the machines, but consumer groups say this won’t stop the danger to older Australians. Labor to crack down on crypto ATMs amid scam surgeNew powers will be handed to regulators to restrict the use of crypto ATMs, which have become a hub for scams and illegal money laundering.See omnystudio.com/listener for privacy information.

Hello, and welcome to episode 190 of the Financial Crime Weekly Podcast, I am Chris Kirkbride. In this episode, significant coordinated sanctions action by the United States government against Iranian targets. In Australia, AUSTRAC has launched a nationwide awareness campaign to prepare Australian industry for sweeping Anti-Money Laundering and Counter-Terrorism Financing reforms. In Malaysia, a move to Deferred Prosecution Agreements to modernise enforcement and enhance asset recovery, while a study suggests D/NPAs, while offering economic safeguards, may increase the likelihood of companies reoffending. Finally, we cover the Council of Europe's project to strengthen AML and anti-corruption frameworks across 17 European states, and further discuss the recent cybercrime incident where hackers targeted the UK nursery chain Kido Schools.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

In this episode of This Week in AML, Elliot Berman and John Byrne unpack a range of pressing developments in the financial crime prevention space. They begin with reflections on the U.S. government shutdown and its ripple effects, then dive into the newly released Trafficking in Persons Report—highlighting the disturbing use of AI in human trafficking. The conversation continues with FinCEN's recent requests for comment on AML/CFT compliance costs and paperwork reduction, including insights into Section 314(a) data. They also explore AUSTRAC's warning to Australian banks, the EU's crackdown on beneficial ownership transparency, and the NYDFS leadership transition. The episode wraps with a look at declining U.S. money laundering prosecutions.

It's time to turn our world upside down and turn our attention to what's happening in Australia!The Australian government passed new AML and CFT rules that will drastically increase the number of businesses regulated by AUSTRAC—the country's financial intelligence agency.Lawyers, accountants, and real estate agents, as well as those in precious metals and virtual assets, are now all obliged to report and comply with these new rules.So will this drastically impact the flow of dark money in the Aussie economy – or just create a paperwork headache?Our expert host, Marit Rødevand, is joined by Adam Vilaça, Director & Special Counsel at Ryva AI, to ask: What happens when 90,000 businesses become AML regulated? The pair discuss: how the new rules will impact businesses, the biggest challenges in implementing them, and the impact on the flow of dirty money in Australia.Producer: Matthew Dunne-MilesEditor: Dominic DelargyEngineer: Nicholas Thon____________________________________The Laundry podcast explores the complex world of financial crime, anti-money laundering (AML), compliance, sanctions, and global financial regulation.Hosted by Marit Rødevand, Fredrik Riiser, and Robin Lycka, each episode features in-depth conversations with leading experts from banking, fintech, regulatory bodies, and investigative journalism.Tune in as we dissect headline news, unpack regulatory trends, and examine the real-world consequences of non-compliance — all through a uniquely compliance-focused lens.The Laundry is proudly produced by Strise.Get in touch at: laundry@strise.aiSubscribe to our newsletter, Fresh Laundry, here. Hosted on Acast. See acast.com/privacy for more information.

In this episode of "Financial Crime Matters," Kieran talks with AUSTRAC CEO Brendan Thomas about his agency's efforts to implement a vast extension of Australia's anti-money laundering regime to about 80,000 new entities under legislation commonly referred to as T2. In service to those efforts, Brendan details AUSTRAC's outreach to law firms, accountants, real estate agencies and other designated non-financial businesses and persons who will be required to create an anti-money laundering (AML) risk analysis, appoint an AML officer and be ready to file suspicious matters reports by July 2026. Key to Australia's need to come into compliance with the Financial Action Task Force's global standards, the extension of AML regulation is also central to the country's plan to actually stem the flood of illicit funds from transnational crime organizations into Australia's banking, gaming, real estate, precious metals and other sectors, Brendan says. As part of its commitment to effectuate more fund seizures and prosecutions, Brendan discusses how the AUSTRAC initiative will also utilize public-private information sharing, embodied by the country's Fintel Alliance, increased staffing, and AI and other technological tools to weaponize what will ultimately be 100,000 anti-financial crime reporting entities under T2.

In this episode of This Week in AML, Elliot Berman and Joe McNamara cover a wide range of global financial crime compliance updates. Topics include the U.S. Treasury's initiative to simplify SAR filings, BIS entity list implications, FINTRAC's new ID verification rules for Canadian real estate, and Russia's barter-based sanctions evasion. The hosts also discuss crypto regulation developments in the UK and Malta, Swiss AML reforms, underground banking trends, and AUSTRAC's efforts to combat child exploitation.

In this episode, REB's Liam Garman is joined by the CEO of Laing+Simmons and president of the Real Estate Institute of Australia (REIA), Leanne Pilkington, to talk about the challenges and opportunities facing the Australian real estate industry. The duo starts by discussing the upcoming Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) reforms, set to take effect in July 2026, which will require agencies to register as reporting entities and implement policies aligned with AUSTRAC's requirements. Leanne stresses that while some businesses may manage compliance internally, complex transactions involving foreign investors will need more rigorous checks, and external support may be necessary. She highlighted that AI and automation can streamline compliance and property management, allowing agents to focus on client relationships. She further emphasised the importance of building a cohesive team culture through understanding individual motivations, hiring aligned with company values, and clear communication of vision. Did you like this episode? Show your support by rating us or leaving a review on Apple Podcasts (REB Podcast Network) and by liking and following Real Estate Business on social media: Facebook, X and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend a voice to the show, email editor@realestatebusiness.com.au for more insights.

Mark Beyer and Koby Cooke discuss French giant Egis and its quest to expand in Australia. Plus: Beazley steps down amid health concerns; Martin family's Bunker Bay chalets delayed; and AUSTRAC ends NAB enforceable undertaking.

In this episode, Elliot Berman and John Byrne dive into the latest developments in global financial crime compliance. They unpack the FATF's new report on terrorist financing, explore upcoming U.S. legislation on cryptocurrency and stablecoins, and discuss AUSTRAC's expanded AML/CTF regulations in Australia. The conversation also covers the FCA's updated guidance on politically exposed persons (PEPs) and enforcement actions against digital banks like Monzo, and other issues affecting the financial crime prevention community.

This week, John and Elliot discuss the recent GAO report on AI in financial services, AUSTRAC's media release about crypto ATMs and their use in scams, fraud, and illicit finance, a new Canadian proposal to strengthen its boarders, including efforts to crack down on money launderers, a new North Dakota data security law impacting financial service providers, and other items impacting the financial crime prevention community.

This week, John and Elliot discuss new Russian sanctions from the Council of the European Union, new UK AML requirements for art dealers, a call to action from FATF, Interpol, and UNODC, AUSTRAC's second public consultation on new AML/CTF rules, an alert from NYDFS about scammers impersonating crypto service providers, and other items impacting the financial crime prevention community.

Reforms to the ‘tipping off' offence under section 123 of the Australian Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) came into force from the 31st of March. The revised offence differs significantly from the former regime and will have significant implications for the day-to-day practices of many Australian businesses. In this episode, HSF Partners Bryony Adams and Alice Molan, and Senior Associate Daniel Hyde, outline how the revised offence differs from the former, discuss key themes emerging from AUSTRAC's recently released guidance, and provide some thoughts on what the reforms might mean for reporting entities and others.

In today's episode of iGaming Daily, brought to you by Optimove, iGaming Expert's Editor, Joe Streeter, is joined by SBC News' Editor, Ted Orme-Claye, to unpack the serious allegations leveled against Entain by Australia's financial watchdog, Austrac, over possible failures in its anti-money laundering practices. The two explore the findings of the report, Entain's regulatory track record, and what this means for the company's future. The duo also zooms out to examine Australia's broader regulatory environment, before shifting gears to discuss Flutter's latest acquisition move in Italy — a sign of the fast-changing global iGaming landscape.To read more about the topic's discussed in today's episode, click on the following links:- https://igamingexpert.com/regions/asia/entain-austrac-aml-allegations/- https://igamingexpert.com/regions/europe/flutter-snaitech-confirmation/Host: Joe StreeterGuest: Ted Orme-ClayeProducer: Anaya McDonaldEditor: James RossiGaming Daily is also now on TikTok. Make sure to follow us at iGaming Daily Podcast (@igaming_daily_podcast) | TikTok for bite-size clips from your favourite podcast. Finally, remember to check out Optimove at https://hubs.la/Q02gLC5L0 or go to Optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service. 

Australia recently passed an amended anti-money laundering and counter-terrorism financing (AML/CTF) bill that will soon include Tranche 2 entities in its regulatory regime. The result? Approximately 100,000 new entities under its scope. Regulating non-financial entities is not a new undertaking, as we've seen in countries like the UK, Singapore, and United Arab Emirates. Crucial to the success of the regime and overall client experience will be how Australian firms adopt the best practices shown by firms in other parts of the world, while ensuring they account for the nuances of their domestic market.In this episode of KYC Decoded, risk advisory lawyer, Jeremy Moller, from Norton Rose Fulbright and Qing Liu, Moody's Senior Director of Compliance & Third Party Risk in Australia, sit down with host Alex Pillow to discuss what the anticipated changes mean for Tranche 2 obliged entities and the future of compliance in Australia.Key topics:Introduction of the Tranche 2 regulationsChallenges and opportunities for firms implementing the reformsInternational comparisons of similar regimes, and opportunities for harmonizing regulationsAdditional resources:Register for Moody's in-person Sydney event on April 3 – the event features a blend of plenary and breakout sessions led by industry peers and Moody's financial crime practice lead.Law Council of Australia: AML/CTF Guidance and Vulnerabilities AnalysisLaw Society of New South Wales AML/CTF HubInformation on AUSTRAC's AML/CTF ReformNorton Rose Fulbright's Tranche 2 and AML/CTF Reforms HubVisit our website and get in touch to learn more – we would love to hear from you.

This week, John and Elliot discuss comments by the AUSTRAC CEO, FinCEN's proposed real estate reporting form, a new UN report on trends in financing terrorist fighter's activities, a new Commerce Department report on investigations of export control and anti-boycott violations, the arrest of the Spanish Police AML Chief on corruption charges, and several other items impacting the financial crime prevention community.

John and Elliot discuss several developments impacting the financial crime community this week. These include an OCCRP article on crypto ATMs, FinCEN's Alert on red flags related to the financing of Israeli extremist settler violence against Palestinians in the West Bank and a joint notice on timeshare fraud, Senator Robert Menendez's corruption conviction, an AUSTRAC report on the current state of money laundering enforcement in Australia, and other items.