{"id":777035051,"date":"2025-11-25T08:06:23","date_gmt":"2025-11-25T11:06:23","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777035051"},"modified":"2026-04-21T16:45:11","modified_gmt":"2026-04-21T19:45:11","slug":"austrac-urges-entities-to-update-aml-ctf-risk-settings-following-fatfs-latest-review","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/austrac-urges-entities-to-update-aml-ctf-risk-settings-following-fatfs-latest-review","title":{"rendered":"AUSTRAC urges gaming operators to update AML\/CTF risk settings following FATF report"},"content":{"rendered":"\n

Australian regulator has advised firms to reassess AML\/CTF risk settings.<\/p>\n\n\n\n\n\n\n\n

Australia.- The Australian Transaction Reports and Analysis Centre (AUSTRAC<\/strong>) has urged all reporting entities, including gaming operators, to reassess their anti-money laundering and counter-terrorism financing (AML\/CTF)<\/strong> controls following the Financial Action Task Force\u2019s (FATF) October 2025 <\/strong>update. <\/p>\n\n\n\n

The latest update on global money-laundering, terrorism-financing and proliferation-financing risks identifies jurisdictions with strategic deficiencies, including North Korea, Iran and Myanmar<\/strong>, warnig that these pose elevated vulnerabilities. AUSTRAC said Australian reporting entities should examine whether customer-due-diligence measures adequately capture the risks flagged by FATF, and whether internal thresholds and monitoring triggers reflect current exposure levels.\u00a0<\/p>\n\n\n\n

The agency noted that boards and senior management must maintain oversight to guarantee that AML\/CTF programs remain effective and up to date, supported by robust independent reviews.<\/p>\n\n\n\n

Earlier this month, AUSTRAC launched a modernised AUSTRAC Online (AO) reporting platform<\/a> for the businesses it regulates. It says the updated platform provides improved security with more flexible options, a more responsive, user-friendly interface, enhanced self-service options and clearer guidance to assist with new features.<\/p>\n\n\n\n

The new platform forms part of the agency\u2019s programme to modernise regulatory reporting tools<\/a> for Australia\u2019s financial and digital asset sectors. Regulated entities have been advised to check communications for details on updated security requirements.
<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> AUSTRAC unveils modernised online reporting platform<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Australian regulator has advised firms to reassess AML\/CTF risk settings.<\/p>\n","protected":false},"author":226,"featured_media":777035054,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"AUSTRAC has advised Australian reporting entities, including iGaming operators, to reassess their AML\/CTF controls following the FATF's October 2025 update identifying high-risk jurisdictions. This mandates a review of customer due diligence measures, internal thresholds, and monitoring triggers to reflect current exposure levels and ensure robust governance frameworks. Concurrently, AUSTRAC launched a modernised online reporting platform to enhance security and user experience for regulated entities.","focusai_entities":"Australian Transaction Reports and Analysis Centre (AUSTRAC), Financial Action Task Force (FATF)","focusai_location":"Australia, North Korea, Iran, Myanmar","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), tech_data (0.7), payments_fraud_aml (1.0), investor_analyst (0.8), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"AML\/CTF Program Impact","query":"What specific enhancements to customer due diligence (CDD) and transaction monitoring systems are Australian iGaming operators implementing to address the FATF's updated high-risk jurisdiction advisories?"},{"label":"AUSTRAC Platform Adoption","query":"How will the new AUSTRAC Online reporting platform streamline compliance processes for large-scale iGaming operators, and what are the key security and integration considerations for its adoption?"}],"footnotes":""},"categories":[16336,156],"tags":[25001,23793,24038],"class_list":["post-777035051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","tag-aml-ctf","tag-austrac","tag-fatf"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777035051"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035051\/revisions"}],"predecessor-version":[{"id":777035084,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035051\/revisions\/777035084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777035054"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777035051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777035051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777035051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}