AUSTRAC and APRA have taken enforcement action against Bendigo Bank after finding “significant deficiencies” in its management of AML/CTF risks.
Profession
The RBA has delivered its progress report following an independent review in 2022, detailing a shift to a more transparent, collaborative approach to monetary policy.
AUSTRAC is warning that businesses currently regulated under the AML/CTF Act are set to face changes to their implementation obligations from 31 March 2026.
The accounting firm has taken the next step in its global expansion mission with the addition of an Indonesian accounting and advisory firm to its network.
Grant Thornton International has unveiled its global revenues, which totalled US$8.5 billion for the financial year ended 30 September, 2025.
AML Edge will return in 2026 for its third iteration, officially launching as the definitive event for Australia’s Tranche 2 AML community, with two dates confirmed in Sydney and Melbourne this March.
With the start date of the revamped AMF/CTF regulations creeping closer for small businesses, AUSTRAC is cracking down on larger entities failing to be compliant.
The professional accounting body has shared its overall support for the AUASB Exposure Draft, yet has proposed minor amendments to streamline the interconnectivity of information.
The Chartered Accountants Australia and New Zealand Council has unveiled its president and vice presidents for 2026.
AI isn’t replacing accountants – it’s removing the barriers that once held graduates back, writes Ben Sherer.
Four NSW men have been charged due to alleged connections to a money laundering syndicate which used straw directors and fake businesses to obscure illicit funds.