The International Foreign Bribery Taskforce (IFBT) comprises the AFP, the Federal Bureau of Investigation, United Kingdom (UK) National Crime Agency, UK Serious Fraud Office, New Zealand (NZ) Serious Fraud Office, NZ Police and the Royal Canadian Mounted Police. The IFBT has produced the following list of indicators of foreign bribery to assist persons and organisations Continue reading
News
Australian Federal Police launch Taskforce Solaris
Posted on December 9, 2025
As of 20 October 2025, the AFP’s response to foreign bribery will be managed by Taskforce Solaris, a dedicated multidisciplinary team focused on preventing, detecting and investigating foreign bribery and grand corruption. Taskforce Solaris’ remit extends to instances of foreign bribery:➡️ undertaken by Australian citizens, residents or companies; and➡️ committed by foreign citizens or companies Continue reading
A Commonwealth employee is among three people charged in the Northern Territory over an alleged multi-million dollar fraud scheme.
Posted on November 20, 2025
An AFP-led joint agency investigation named Operation Panton Hill – involving the National Anti-Corruption Commission and Department of Defence – began in March 2025, after the AFP received a report of crime from the Department of Defence. It concerned irregularities identified through an internal investigation in relation to the awarding of contracts by Defence with Continue reading
September 2025 Update
Posted on September 17, 2025
This month, we bring you important updates and resources designed to help your business navigate the complex anti-bribery landscape. Read our 2025 September Bulletin to stay up to date with news and resources in September. Get updates straight to your inbox by subscribing here September Update – Bribery Prevention Network Find legal outcomes, key resources and upcoming Continue reading
AUSTRAC table new Anti-Money Laundering and Counter-Terrorism Financing Rules 2025 (the Rules) in Parliament
Posted on August 31, 2025
On 29 August 2025 AUSTRAC tabled the new Anti-Money Laundering and Counter-Terrorism Financing Rules 2025 (the Rules) in Parliament. This follows a 2 stage public consultation process on the new Rules. You can find the new Rules on the Federal Register of Legislation. You can also find an Explanatory Statement to help you: The new Rules The new Rules provide Continue reading
TerraCom to pay $7.5 million after ASIC whistleblower action
Posted on August 28, 2025
“TerraCom Limited (TerraCom) will pay a penalty of $7.5 million for whistleblower victimisation, following Federal Court proceedings brought by ASIC. This is ASIC’s first enforcement outcome for contraventions of whistleblower provisions. ASIC’s case concerned two ASX announcements made by TerraCom on 14 February 2020 and 3 April 2020, and an open letter it published to Continue reading
Recent posts
- 17/09/2025: September 2025 Update
- 31/08/2025: AUSTRAC table new Anti-Money Laundering and Counter-Terrorism Financing Rules 2025 (the Rules) in Parliament
- 30/06/2025: IT contractors sentenced in $4.1m SFO case – New Zealand’s largest private sector corruption case
- 17/06/2025: June 2025 Update