Money Remitters

Payments businesses (PSPs, MTOs, FX dealers)

Do you need assistance establishing and maintaining a payments business in Australia?  We act for

  • Payments service providers (PSPs)
  • Money Remitters and money transfer organisations (MTOs)
  • Phone-based group payments application providers (FinTechs)
  • Acquirers – banks acquirers and acquirers of stored value in ewallets
  • Payment Gateway providers

How we can help

The Money Remitters Compliance Forum

Because we act for so many participants in the payments industry, we run quarterly face-to-face and online compliance forums for money remitters.

Our latest updates for Money Remitters

Responsible Manager Training
AFSL - Responsible Manager Workshop (Introduction)

Our half day course has been designed to provide you with an overview of the role of Responsible Managers, and how they fit within the broader regulatory framework.  The sessions…

Blog update
Room to improve AML/CTF Systems and Controls - Our take on AUSTRAC’s Risk Assessment

In July 2017, AUSTRAC released its latest money laundering and terrorism financing (ML/TF) risk assessment which focuses on the securities and derivatives sector.  Similar to past risk assessments released by…

Blog update
Current ASIC trends in AFSL and ACL applications and variations

Some of you reading may already hold a licence issued by ASIC, be it an AFSL, an ACL or both. If you’re not looking to set up a new business…