AIC examined the effect of money laundering on the harm associated with organised crime by using linked data on organised crime groups known to law enforcement from the Australian Criminal Intelligence Commission and suspicious transactions reported to the Australian Transaction Reports and Analysis Centre. Involvement in money laundering by an organised crime group, and an

This is Australia’s 4th Enhanced Follow-up Report (FUR) with technical compliance re-ratings. The report analyses Australia’s progress in addressing some of the technical compliance deficiencies identified in its MER. Overall, Australia has made progress in addressing some deficiencies and the following Recommendations have been re-rated: Recommendation 10 is re-rated from Partially Compliant to Largely Compliant

Austalia’s money laundering national risk assessment -2024 https://www.austrac.gov.au/business/how-comply-guidance-and-resources/guidance-resources/money-laundering-australia-national-risk-assessment-2024