Remittance service providers and crypto exchanges must obtain AUSTRAC registration before they can commence operations.
Package components
- AML/CTF Program development — including ML/TF Risk Assessment before submission.
- Application preparation — gathering documentation and completing the Business Profile form.
- Compliance training — induction covering the Australian AML/CTF framework and the obligations on reporting entities.
- AUSTRAC liaison — direct communication with regulators and coordination with banking partners.
Additional support
We facilitate communication between you and your banking partners on your compliance framework — addressing the challenges remittance and crypto businesses face securing banking relationships.