$31.3M
Max fine for corporations.
Penalties
AML/CTF Penalties. Understand the Risks
AUSTRAC penalties: up to $31.3M for companies, $6.26M for individuals.
Non-compliance is costly
AUSTRAC can impose fines up to $31.3 million for corporations. These apply to any business regardless of size.
Maximum penalties
$6.26M
Max fine for individuals.
$313
Per penalty unit.
Frequently asked questions
What are penalty units?
Penalties calculated in units, currently $313 each.
Can small businesses be penalised?
Yes. Applies regardless of size.
Related resources
Avoid penalties with proper compliance
ARCaml ensures your CDD meets AUSTRAC requirements.