AUSTRAC stories
Property professionals facing tranche 2 rules now have a pay-per-use AML tool that reuses customer data and logs checks for AUSTRAC.
Banks and insurers in Australia and New Zealand will gain new checks as AI-made forgeries increasingly evade standard identity verification tools.
Finance teams can now apply the same payment checks to overseas transfers in more than 50 countries, reducing manual work and fraud risk.
KuCoin launches AI Skills Hub, an open marketplace of modular tools letting agents tap exchange data and automate crypto workflows.
APAC banks face data gaps, false alerts and opaque ownership as they race to modernise sanctions screening amid fragmented rules.
Smaller agencies face steep new compliance costs as Australia widens anti-money laundering rules to property businesses ahead of a 29 July deadline.
Closer oversight now gives the crypto broker a route to offer payments, deposits and derivatives services to Australian customers.
Australia's new real estate rules will now be met by the network, after offices finished anti-money laundering preparation three weeks early.
Recognition could help Block Earner gain credibility with mainstream borrowers as crypto-backed loans move closer to regulated consumer finance.
The approval lets eligible Australians borrow against crypto holdings under direct oversight, as the sector seeks clearer rules and mainstream acceptance.
Uncertainty over planned capital gains tax changes could deter startup funding and prompt founders, investors and talent to leave Australia.
Property firms face tighter anti-money laundering checks as PEXA Clear expands into home building, real estate and advisory businesses.
Tighter identity checks are now crucial as Australian gambling operators face higher money-laundering risks and multimillion-dollar penalties.
Access to a regulated Australian-dollar token widens as OKX Australia adds AUDM, targeting faster payments and settlement for users.
Criminals could move proceeds abroad undetected unless foreign-owned lenders lift weak reporting and controls, AUSTRAC has warned.
Only 6% of accountants feel ready for July’s anti-money laundering rules, leaving small firms exposed to penalties and heavier compliance duties.
Real estate and law firms are racing to get compliant before AUSTRAC brings up to 100,000 professional services businesses under supervision in 2026.
The approval puts Coinbase ahead of looming rules and opens the door for retail crypto derivatives in Australia.
Real estate agencies and conveyancers face new AML checks from 1 July 2026, with PEXA Clear sold per transaction to cut compliance costs.
FinTech Australia urges Canberra to open tenders to smaller players and revamp startup funding settings in its pre-budget pitch.
