ENVIRONMENT

Perth Mint gives 'enforceable undertaking' to comply with AML/CTF laws

PERTH Mint owner Gold Corporation has been issued an enforceable undertaking order by Australia's financial intelligence regulator the Australian Transaction Reports and Analysis Centre, for failing to comply with anti-money laundering and counter-terrorism financing laws.

 Mines minister Bill Johnston addressing the press at a conference on November 23

Mines minister Bill Johnston addressing the press at a conference on November 23

After an initial assessment in August 2022 found some non-compliance with Australia's AML/CTF laws, AUSTRAC ordered an independent external audit of the mint's financial practices. Undertaken from November...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

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