The Government announced on 9 February 2011 it had introduced the Combating the Financing of People Smuggling and Other Measures Bill to Parliament. The Bill introduces amendments to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 to strengthen the regulation of the remittance dealers sector. Remittance dealers provide international cash transfer services. Key changes include more stringent registration requirements for dealers and requiring remittance networks to undertake some compliance activities on behalf of their agents. A RIS was prepared by the Attorney-General’s Department and has been approved by the OBPR.
- Remittance Dealers RIS – RTF Version [
678 kb] - Remittance Dealers RIS – PDF version [
879 kb]