As we reach the end of 2024, we thank you for your continued engagement with the Bribery Prevention Network, throughout a year notable for ongoing reform and developments in Australia’s integrity frameworks. Read our 2024 December Bulletin to stay up to date on news and resources from 2024. Get updates straight to your inbox by Continue reading
News
Public consultation on new AML/CTF Rules
Posted on December 11, 2024
On 29 November 2024, Parliament passed the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill, amending the AML/CTF Act 2006. The new laws reform Australia’s AML/CTF regime to ensure that we can more effectively deter, detect and disrupt crimes like money laundering, terrorism financing and proliferation financing. To support the reforms, AUSTRAC is updating the Anti-Money Laundering Continue reading
Inspector’s Report into the National Anti-Corruption Commission’s decision not to investigate referrals from the Royal Commission into the Robodebt Scheme
Posted on December 2, 2024
The Inspector of the National Anti-Corruption Commission has concluded her investigation into agency maladministration or officer misconduct in relation to the decision of the National Anti-Corruption Commission not to investigate the referrals of six persons from the Royal Commission into the Robodebt Scheme. The main issue which emerged from the material gathered during the investigation, Continue reading
Adequate Procedure Guide – Supporting Resources
Posted on November 14, 2024
The Crimes Legislation Amendment (Combatting Foreign Bribery) Act 2024, came into forceon 8 September 2024, making some significant updates to Australia’s foreign bribery laws.Notably, the reforms introduced a new corporate offence of failure to prevent bribery of aforeign public official. The legislation mandates the Attorney-General to publish guidancematerial on what steps corporations can take to Continue reading
Adequate Procedure Guide – Supporting Resources
Posted on November 13, 2024
This document outlines supporting resources to accompany the Crimes Legislation Amendment (Combatting Foreign Bribery) Act 2024, which introduced a new corporate offence for failing to prevent bribery of foreign public officials and requires businesses to have “adequate procedures” to prevent such conduct. It serves as a companion to the Attorney General’s Adequate Procedure Guide, offering Continue reading
The NACC issues statement clearing ASIC Deputy Chair
Posted on September 20, 2024
The National Anti-Corruption Commission (NACC) has issued its first statement on the former Australian Securities and Investment Commission (ASIC) Deputy Chair, Ms Karen Chester. The NACC received a voluntary referral from a member of the public on 2 August 2023 regarding the release of market sensitive information. In its statement the NACC cleared Ms Chester, Continue reading
Recent posts
- 20/02/2025: New federal political donation laws in Australia
- 11/02/2025: 2024 Corruption Perceptions Index released
- 22/12/2024: December 2024 update
- 11/12/2024: Public consultation on new AML/CTF Rules
- 14/11/2024: Adequate Procedure Guide – Supporting Resources