Tag · 2 stories
#Money Laundering
News ◆
New anti-money laundering laws could get your business fined over privacy, too
Small businesses under $3 million turnover can now be fined under the Privacy Act too. Here’s what’s changed.
Yajush Gupta · 2 min
Locked ◆
“Innovation will flourish” in the digital currency sector as anti-laundering laws pass
The passage of anti-money laundering legislation through Parliament on Thursday will facilitate further growth in Australia’s local blockchain and digital currency industry, according to local fintech leaders. The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017 will extend anti-money laundering and counter-terrorism financing regulation to digital currency exchanges. The legislation requires these exchanges to monitor […]
James Harkness · 2 min