Dennis Miralis is a leading Australian defence lawyer with over 20 years of experience. Dennis is a Partner at Nyman Gibson Miralis and specialises in international criminal law.

KYC requirements

KYC requirements for digital currency exchanges

AUSTRAC provides a guide for digital currency exchange services to develop an Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) program. In a previous article, we explored the key steps from AUSTRAC that form Part A of developing an AML/CTF program. Part B involves setting out procedures for collecting and verifying “know your customer” (KYC) information.   What is…

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Cyber Fraud

Cyber fraud: What is the real cost?

The FBI’s Internet Crime Complaint Center (IC3) investigates cyber-attacks by criminals, overseas adversaries and terrorists. Acting as a centre to receive complaints of cybercrime, the IC3 alerts the appropriate agencies to suspected online criminal activity. In their 2021 Internet Crime Report, the IC3 reported receiving 847,376 complaints from the American public, representing a 7 percent increase from…

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