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Showing 11 - 20 of 156 results for "AUSTRAC"

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... its investigation from the Federal Court. "The matter has been referred to the relevant authorities including ASIC and AUSTRAC, and a complaint has been lodged with the Queensland police. The company has advised its auditors (BDO) of the matter," IAM ...

MHC Digital partners to launch stablecoin platform

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... including a fit-for-purpose Australian financial services licence (AFSL) and Digital Currency Exchange registration with AUSTRAC. The venture builds on MHC's partnership with Circle, issuer of USDC, to expand institutional access to digital dollars across ...

Two CBA class action appeals dismissed

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
... laundering and counter-terrorism financing (AML/CTF) and claimed shareholders had suffered due to CBA's alleged conduct. AUSTRAC alleged as early as 2017 that the bank contravened the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 more ...

Binance names head of APAC

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025
... Vishal Sacheendran who left the business in July to join BitPanda. Industry watchdogs are never far behind. Last month, AUSTRAC raised serious concerns about the company's anti-money laundering and counter terrorism financing (AML/CTF) controls ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
The Australian Transaction Reports and Analysis Centre (AUSTRAC) directed Binance Australia to appoint an external auditor after "serious concerns" were identified from its independent review. The concerns are in relation to the crypto exchange's ...

ASIC issues warning over BTG Technology

ELIZA BAVIN  |  MONDAY, 28 JUL 2025
... is an international digital currency exchange registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), meaning it is permitted to offer its exchange services in Australia. However, Bitget is not licensed to carry on a financial ...

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... relating to the defunct crypto-asset related product Finder Earn. Wallet Ventures (previously known as Finder Wallet) is an AUSTRAC-registered digital currency exchange. The corporate watchdog initially alleged the crypto platform provided unlicensed ...

Binance appoints new head of Australia

MATTHEW WAI  |  WEDNESDAY, 23 JUL 2025
... Afterpay, eBay, and more across the international market. Notably, he has worked with various regulators, including APRA, RBA, AUSTRAC and the ACCC. Aside from his role at the cryptocurrency platform, Poblocki is simultaneously the co-founder of Swarmer ...

Cointree hit with AUSTRAC fine

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
AUSTRAC has hit crypto exchange Cointree with a $75,120 infringement notice over alleged failures to submit suspicious matter reports (SMRs) to AUSTRAC on time. The action comes after Cointree voluntarily disclosed it had not met the reporting timeframes ...

Australia tops list for financial services job growth

ELIZA BAVIN  |  WEDNESDAY, 7 MAY 2025
... at enhancing operational efficiency and customer experience. Significant regulatory changes with CPS230 and Tranche 2 AUSTRAC have prompted organisations to bolster their compliance and risk management teams and led to an increase in available roles ...