RegAlert2026-09-30
Added
AUSTRAC begins issuing infringement notices to non-enrolled businesses
AUSTRAC has issued infringement notices to businesses in the real estate, accounting, and jewellery sectors that failed to enrol within 28 days of providing a designated service under Australia’s anti-money laundering and counter-terrorism financing laws. The notices carry penalties of $21,840 for corporate entities and $4,368 for individuals, with amounts that can accrue on a daily basis. This enforcement action targets entities that appeared to be providing designated services without enrolling, following the regime's expansion on 1 July 2026 to include these sectors.
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Published date
30 September 2026
AUSTRAC has begun issuing infringement notices after identifying businesses that failed to enrol with AUSTRAC as required under Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws.
The enforcement action follows formal requests for information issued by AUSTRAC in August to businesses that had not enrolled but appeared to be providing designated services.
The infringement notices were issued to businesses in the real estate, accounting and jewellery sectors that AUSTRAC believes failed to enrol within 28 days of providing a designated service.
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Source: Australian Transaction Reports and Analysis Centre — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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AUSTRAC published 5 documents in the last 30 days. We email you each new one the day it's published.