Search: AUSTRAC
RBA Glossary definition for AUSTRAC
AUSTRAC – Australian Transaction Reports and Analysis Centre is Australia's anti-money laundering and counter-terrorism financing regulator and specialist financial intelligence unit.
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The Australian Financial System
20 Oct 2018
FSR
– October 2018
The largest has been CBA's recent $700 million settlement with the Australian Transactions Reports and Analysis Centre (AUSTRAC) for breaches of anti-money laundering provisions.
https://www.rba.gov.au/publications/fsr/2018/oct/aus-fin-sys.html
Abbreviations
20 Sep 2018
PSB Annual Report
– 2018
Australian Dollar. AusPayNet. Australian Payment Network. AUSTRAC. Australian Transaction Reports and Analysis Centre.
https://www.rba.gov.au/publications/annual-reports/psb/2018/abbreviations.html
Accountability and Communication
20 Sep 2018
PSB Annual Report
– 2018
The CFR agencies, along with the Australian Transaction Reports and Analysis Centre (AUSTRAC), also participated in a working group considering the implications of distributed ledger technology for the financial system and
https://www.rba.gov.au/publications/annual-reports/psb/2018/accountability-and-communication.html
Retail Payments Regulation and Policy Issues
20 Sep 2018
PSB Annual Report
– 2018
For example, the Bank is an observer on ASIC's Digital Finance Advisory Committee and chairs a CFR working group on DLT with representatives from ASIC, APRA, Treasury and AUSTRAC.
https://www.rba.gov.au/publications/annual-reports/psb/2018/retail-payments-regulation-and-policy-issues.html
Transcript of Question & Answer Session on 26 June 2018
26 Jun 2018
Speech
Transcript of Question & Answer Session , Australian Business Economists Briefing, Sydney
https://www.rba.gov.au/speeches/2018/sp-so-2018-06-26-q-and-a-transcript.html
Developments in Correspondent Banking in the South Pacific
21 Jun 2018
Bulletin
– June 2018
and general compliance with reporting requirements (MTOs submit around 680 suspicious matter reports to AUSTRAC annually). ... AUSTRAC (2015), ‘Banks De-Risking of Remittance Businesses’, Strategic Analysis Brief, November [8].
https://www.rba.gov.au/publications/bulletin/2018/jun/developments-in-correspondent-banking-in-the-south-pacific.html
The Australian Financial System
10 Apr 2018
FSR
– April 2018
CBA also recorded a sizeable provision for potential civil penalties relating to the Australian Transaction Reports and Analysis Centre's (AUSTRAC's) proceedings against the bank.
https://www.rba.gov.au/publications/fsr/2018/apr/australian-financial-system.html
The Australian Financial System
20 Oct 2017
FSR
– October 2017
In August, AUSTRAC (the Australian Transaction Reports and Analysis Centre) initiated civil proceedings against the Commonwealth Bank of Australia for breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act
https://www.rba.gov.au/publications/fsr/2017/oct/aus-fin-sys.html
Developments in the Financial System Architecture
20 Oct 2017
FSR
– October 2017
In June, a meeting was held between the CFR agencies, the ACCC, the Australian Taxation Office and the Australian Transaction Reports and Analysis Centre (AUSTRAC). ... The importance of enhancing culture was highlighted by apparent deficiencies in
https://www.rba.gov.au/publications/fsr/2017/oct/dev-fin-sys-arch.html
Abbreviations
14 Sep 2017
PSB Annual Report
– 2017
ATM. Automated Teller Machine. AUD. Australian Dollar. AUSTRAC. Australian Transaction Reports and Analysis Centre.
https://www.rba.gov.au/publications/annual-reports/psb/2017/abbreviations.html