Search Bills and Legislation

TOTAL RESULTS: 94

• Anti-Money Laundering Amendment (Gaming Machine Venues) Bill 2012 [2013]

  Track (What's this?)

  Date

  30 Oct 2012 

  Chamber

  Senate 

  Status

  Not Proceeding 

  Sponsor

  XENOPHON, Sen Nick 

  Summary

  Amends the

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to: provide that poker machine payouts of more than $1000 and the cashing of transferred cheques are threshold transactions which are reportable to the Australian Transaction Reports and Analysis Centre; require gaming machine venues to issue cheques for payouts of winnings or gaming machine credits over $1000 with an indication that they have been issued for that purpose; and impose penalties for failure to issue cheques in those circumstances. 

  Bill | Explanatory Memorandum

• Anti-Money Laundering and Counter-Terrorism Financing (Transitional Provisions and Consequential Amendments) Bill 2006

  Track (What's this?)

  Date

  01 Nov 2006 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Justice and Customs 

  Summary

  Introduced with the Anti-Money Laundering and Counter-Terrorism Financing Bill 2006 (AML/CTF Bill), the bill: amends the

  Financial Transaction Reports Act 1988

  (FTR Act) to remove references to the Australian Transaction Reports and Analysis Centre (the existence of which continues under the AML/CTF Bill) and provide for the continued application of the FTR Act to cash dealers not covered by the AML/CTF Bill. Also makes consequential amendments to the FTR Act and 14 other Acts and the Financial Management and Accountability Regulations 1997 and includes transitional provisions. 

  Bill | Explanatory Memorandum

• Anti-Money Laundering and Counter-Terrorism Financing Amendment (Increased Financial Transparency) Bill 2022

  Track (What's this?)

  Date

  08 Feb 2022 

  Chamber

  Senate 

  Status

  Not Proceeding 

  Sponsor

  MCKIM, Sen Nick 

  Summary

  Amends the

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to require the government to introduce legislation by 30 September 2022 to: include designated services provided by lawyers, conveyancers, accountants, high-value dealers, real estate agents and trust and company service providers; and establish a public register that contains information about the ultimate beneficial ownership of companies registered under the

  Corporations Act 2001

  and certain other legal persons and legal arrangements. 

  Bill | Explanatory Memorandum

• Anti-Money Laundering and Counter-Terrorism Financing Amendment (Making Gambling Businesses Accountable) Bill 2020

  Track (What's this?)

  Date

  26 Oct 2020 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Sponsor

  WILKIE, Andrew, MP 

  Summary

  Amends the

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to: require gambling companies to report to the Australian Transaction Reports and Analysis Centre if they have reason to suspect a person is paying for gambling services with money obtained illegally; and enable the Federal Court to make compensation orders where gambling companies have provided gambling services to a person who they suspect has paid for the gambling service using money obtained illegally. 

  Bill | Explanatory Memorandum

• Anti-Money Laundering and Counter-Terrorism Financing Amendment (Making Gambling Businesses Accountable) Bill 2022

  Track (What's this?)

  Date

  05 Sep 2022 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Sponsor

  WILKIE, Andrew, MP 

  Summary

  Amends the

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to: require gambling companies to report to the Australian Transaction Reports and Analysis Centre if they have reason to suspect a person is paying for gambling services with money obtained illegally; and enable the Federal Court to make compensation orders where gambling companies have provided gambling services to a person who they suspect has paid for the gambling service using money obtained illegally. 

  Bill | Explanatory Memorandum

• Anti-Money Laundering and Counter-Terrorism Financing Amendment (Making Gambling Businesses Accountable) Bill 2024

  Track (What's this?)

  Date

  18 Nov 2024 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Sponsor

  WILKIE, Andrew, MP 

  Bill | Explanatory Memorandum

• Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2007

  Track (What's this?)

  Date

  15 Feb 2007 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Justice and Customs 

  Summary

  Makes technical amendments to the

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  (AML/CTF Act) and six other Acts to: replace absolute liability with strict liability in certain provisions; provide for review of decisions made by the AUSTRAC CEO under the AML/CTF Act; replace the general exemption from review under the

  Administrative Decisions (Judicial Review) Act 1977

  for decisions under the AML/CTF Act with a limited exemption; provide ASIS with access to AUSTRAC information and enable ASIS to communicate such information to foreign intelligence agencies; amend secrecy and access provisions; remove certain restrictions on prosecution of structuring conduct; and provide access to the electoral roll in certain circumstances. 

  Bill | Explanatory Memorandum

• Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017

  Track (What's this?)

  Date

  17 Aug 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Justice 

  Summary

  Amends the:

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to: expand the objects of the Act to reflect the domestic objectives of anti-money laundering and counter-terrorism financing regulation; expand the scope of the Act to include regulation of digital currency exchange providers; clarify due diligence obligations relating to correspondent banking relationships and broaden the scope of these relationships; qualify the term ‘in the course of carrying on a business’; allow related bodies corporate to share information; expand the range of regulatory offences for which the AUSTRAC Chief Executive Officer (CEO) is able to issue infringement notices; allow the CEO to issue a remedial direction to a reporting entity to retrospectively comply with an obligation that has been breached; give police and customs officers broader powers to search and seize physical currency and bearer negotiable instruments and establish civil penalties for failing to comply with questioning and search powers; revise certain definitions; and clarify certain powers and obligations of the CEO; and

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  and

  Financial Transaction Reports Act 1988

  to de-regulate the cash-in-transit sector, insurance intermediaries and general insurance providers. 

  Bill | Explanatory Memorandum

• Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024

  Track (What's this?)

  Date

  11 Sep 2024 

  Chamber

  House of Representatives 

  Status

  Before Senate 

  Portfolio

  Attorney-General 

  Summary

  Amends the

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to: extend the anti-money laundering and counter-terrorism financing (AML/CTF) regime to additional services that are recognised by the Financial Action Task Force as posing high money laundering and terrorism financing risks; reframe and clarify the AML/CTF program and customer due diligence obligations; enable the Australian Transaction Reports and Analysis Centre to require the disclosure of information and conduct examinations; and update the AML/CTF regime to reflect changing business structures, technologies and illicit financing methodologies; and make consequential amendments. Also makes consequential or contingent amendments to 10 other Acts; and repeals the

  Financial Transaction Reports Act 1988

  . 

  Bill | Explanatory Memorandum

• Anti-Money Laundering and Counter-Terrorism Financing and Other Legislation Amendment Bill 2019

  Track (What's this?)

  Date

  17 Oct 2019 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Home Affairs 

  Summary

  Amends the:

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to: expand the circumstances in which reporting entities may rely on customer identification and verification procedures undertaken by a third party; explicitly prohibit reporting entities from providing a designated service if customer identification procedures cannot be performed; prohibit financial institutions from entering into a correspondent banking relationship that permits its accounts to be used by a shell bank; require banks to conduct due diligence assessments before entering, and during, all correspondent banking relationships; and expand exceptions to the prohibition on tipping off to permit reporting entities to share suspicious matter reports and related information with external auditors and foreign members of corporate and designated business groups;

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  and

  Inspector-General of Intelligence and Security Act 1986

  to replace existing 'designated agency' information sharing provisions (relating to the use and disclosure of AUSTRAC information) with a more general information sharing power;

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  ,

  Proceeds of Crime Act 2002

  and

  Surveillance Devices Act 2004

  to create a single reporting requirement for the cross-border movement of monetary instruments;

  Criminal Code Act 1995

  to: clarify that the existence of one Commonwealth constitutional connector is sufficient to establish an instrument of crime offence; deem money or property provided by undercover law enforcement as part of a controlled operation to be the proceeds of crime for the purposes of prosecution; and provide for transitional arrangements; and

  Australian Federal Police Act 1979

  to create a new offence of dishonestly representing conferral of police awards. 

  Bill | Explanatory Memorandum