A Guide to AML for Australian FinTechs

Australia’s FinTech sector has grown dramatically, with investor funding soaring by 253% between 2020 and 2021, compared to a global average of 45%. Management consultancy EY called FinTech “the standout hero” of the Australian economy during the pandemic.

As FinTechs grow and acquire more customers, their AML/CTF programs must also mature. The firms best set up for success are those with scalable solutions and a sound understanding of AUSTRAC’s expectations of the firms it regulates.

Download our guide to explore:

• Australia’s AML/CTF framework, including FATF recommendations and reforms to the country’s AML/CTF regulations
• Key obligations for FinTechs, including registration, reporting and record keeping
• Current risks, deep risk thinking, and integrating a risk-based approach