Australia’s FIU information sharing safeguards
The Australian Transaction Reports and Analysis Centre (AUSTRAC) is the domestic watchdog which polices Australia’s anti-money laundering and counter-terrorism measures, and acts as Australia’s Financial Intelligence Unit (FIU). It is responsible for ensuring compliance with key legislation, particularly the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) and the Financial Transactions Reports Act 1988…
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