Report by AUSTRAC on Bank de-risking of remittance businesses

AUSTRAC (the Australian Financial Regulator) recently released a report on the Bank de-risking of Remittance Businesses in Australia. The short 14-page report very well summarizes the statistics of remittance in Australia with respect to RNPs (Remittance Network Providers) and also provides some interesting insights based on the AUSTRAC survey of RNPs and banks on de-risking. 

You can read the report from here: Bank de-risking of Remittance Businesses (PDF)

This page was last updated on January 26, 2017.

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