Updated AUSTRAC guidance on TTR reporting

AUSTRAC has released updated guidance on reporting Threshold Transaction Reports (TTR) in relation to customers that make multiple cash transactions. From 1 July 2022, TTRs must be submitted to AUSTRAC for each individual cash transaction of $10,000 or more. Reporting Entities are no longer required to combine customer transactions totalling $10,00...

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Alicia Pevely

An integral member of the Sophie Grace team since 2012, Alicia has extensive experience in relation to financial services law, consumer credit law, regulatory matters and ASIC investigations. Working closely with her clients, Alicia has maintained a significant emphasis on AFS and credit licensing and liaising with ASIC. As General Manager, Alicia has oversight of all licence applications and provides advice and support in relation to more complex applications.

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