Andreas BeckerDec 26

AUSTRAC meldet: Banken zerstören Ermittlungsarbeit durch schlechte Algorithmen.

Statt echter Analyse gibt es automatisiertes Over-Reporting, um sich rechtlich abzusichern. Die erzeugte Datenflut macht echte Geldwäsche-Bekämpfung fast unmöglich. Kostensenkung ersetzt hier gerade Sorgfalt.

Ist Compliance-Automatisierung in dieser Form faktisch gescheitert? #AUSTRAC #Compliance #Geldwäsche
https://www.all-ai.de/news/topbeitraege/banken-probleme-ki

Warum Australiens Finanzaufsicht jetzt Banken vor KI-Einsatz warnt

Automatisierte Geldwäsche-Meldungen fluten Behörden mit Datenmüll und behindern Ermittlungen gegen kriminelle Netzwerke weltweit massiv.

All-AI.de
News BeepNov 19

Financial crimes regulator refers 45 suspected paedophiles following payment industry crackdown

A payment platform with millions of customers worldwide has been ordered to appoin…
#NewsBeep #News #Headlines #AU #Austrac #Australia #AustralianTransactionsandReportsAnalysisCentre #ChiefexecutiveBrandenThomas #childsexabusematerial #childsexexploitation #financialcrimesregulator #Howchildsexabuseoffendersuseonlinepaymentservices #onlinepaymentbusinesses #WorldRemit
https://www.newsbeep.com/259079/

Tarnkappe.infoOct 16, 2024
📬 TikTok unter Verdacht: Kryptowährungsbörse ohne Lizenz?
#Krypto #Rechtssachen #AUSTRAC #ByteDance #FCA #Finanzregulierung #TikTok https://sc.tarnkappe.info/6db982
TikTok unter Verdacht: Kryptowährungsbörse ohne Lizenz?

Ermittlungen gegen TikTok: Fungiert die beliebte Social-Media-Plattform als nicht lizenzierte Kryptowährungsbörse?

TARNKAPPE.INFO
Mojo ♻️Jul 9, 2024

Brendan Thomas, head of Australia's financial crimes watchdog #Austrac, stated that current laws make #Australia appealing for #criminals to store their wealth. Speaking at the National Press Club on Tuesday, Thomas highlighted upcoming reforms requiring real #estateagents, lawyers, and accountants to report suspicious activity. The government plans to introduce this legislation by the end of the year. Notably, Australia, along with the US, China, Russia, and Haiti, has yet to enact these laws. #moneylaundering

https://www.news.com.au/national/crime/austrac-boss-says-australia-attractive-location-to-launder-money-flags-support-to-pacific/news-story/c89037f71afb7569117a481ac7635bba

Mojo ♻️May 6, 2024
New laws to stem drug dealers, corrupt officials and dirty money from heating up Australia's #realestate market .
New laws and increased enforcement mean less competition from criminals using dirty money. With #AUSTRAC receiving $166.4 million in funding, there's hope for a crackdown on money #laundering in the housing market. #MoneyLaundering #HousingMarket #Australia #property #auspol https://www.abc.net.au/news/2024-05-06/new-laws-to-stem-money-laundering-through-real-estate/103800070
New laws to stem drug dealers, corrupt officials and dirty money from heating up Australia's real estate market

Buying a home? Soon you won't have as much competition from drug dealers, corrupt officials and criminals with dirty money thanks to new laws and a boost to enforcement.

ABC News
Peter RileyOct 23, 2023

“Perfectly Legal” #taxhavens offshore

Also Real estate is worth three times the value of the #stockmarket in Australia, but avoids questions where the money for asset purchases is coming from. As #financialcrimes agency #AUSTRAC put it cleanly in a 2015 brief:
"Compared to other methods, #moneylaundering through #realestate — both residential and commercial — requires little planning or expertise.”

https://www.abc.net.au/news/2023-10-23/billions-held-by-australians-in-foreign-tax-havens-report-allege/102997704?

Hundreds of billions of dollars held by Australians in foreign tax havens, report estimates

Australians hold more than one-third of a trillion dollars in known tax havens, and profit-shifting by multinational firms deprives Treasury of almost $11 billion a year, finds a new international report.

ABC News