Australia still non-compliant on DNFBP regulation and supervision - FATF report

In a fourth follow-up to mutual evaluation findings on Australia in 2015, looking at technical conformance to its 40 Recommendations, the Financial Action Task Force (FATF) has maintained the country's non-compliant (NC) rating for Rec 28 - regulation and supervision of designated non-financial businesses and professions (DNFBPs): "Only casinos, gaming outlets and bullion dealers are supervised for AML/CFT compliance."

In a fourth follow-up to mutual evaluation findings on Australia in 2015, looking at technical conformance to its 40 Recommendations, the Financial Action Task Force (FATF) has maintained the country's non-compliant (NC) rating for Rec 28 - regulation and supervision of designated non-financial businesses and professions (DNFBPs): "Only casinos, gaming outlets and bullion dealers are supervised for AML/CFT compliance."