The
Australian Prudential Regulation Authority (APRA) and the Australian
Transaction Reports and Analysis Centre (AUSTRAC) have signed a
Memorandum of Understanding (MoU) to facilitate cooperation and the
exchange of information between the two regulators.

APRA Chairman Dr John Laker said the
MoU, which follows the introduction of the AML/CTF Act permitting
AUSTRAC to exchange information with the prudential regulator, will
enable on-going collaboration between the two agencies.