On 16 December, AUSTRAC published this Guide, saying that, in partnership with the AFP, government partners, industry, and a NGO, AUSTRAC has updated its report released in 2019, to help financial institutions identify behaviours and transactions which may indicate payments for child sexual exploitation material, and to submit a suspicious matter report to AUSTRAC. Financial service providers have visibility of customer activity and are well positioned to flag behaviours and transactions of concern, which is critical to AUSTRAC and law enforcement to identify and stop this activity.
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