Australian Parliament news and trends

Australian Parliament Approves Anti-Money Laundering Legislation

December 11, 2017
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Australian Parliament Approves Anti-Money Laundering Legislation

December 11, 2017
The Australian Senate has passed legislation extending anti-money laundering and counter-terrorism financing regulation of digital currency exchanges. The legislation, which was passed last week, requires these exchanges to monitor and report suspicious and large transactions to the Australian Transaction Reports and Analysis Centre (AUSTRAC). The new regulations follow Parliament’s approval of legislation in October that […]