- 09 Feb 2011
- House of Representatives
- Amends the:
Anti-Money Laundering and Counter-Terrorism Financing Act 2006 to: extend the regulatory regime for remittance dealers and providers of remittance networks; and expand the agencies with which Australian Transaction Reports and Analysis Centre (AUSTRAC) can share financial intelligence;
Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and
Privacy Act 1988 to enable reporting entities to use credit reporting data to verify the identity of their customers; and
Financial Transaction Reports Act 1988 to enable the Chief Executive Officer of AUSTRAC to exempt a person from provisions of the Act.