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CointreeExchange of encryption has been requested in Melbourne Pay a fine of $ 75,120 after failing to send specific reports to the Australian Financial Agency on time.
Reports, known as Smurs reports (SMRS)and Required when the company suspects that the transaction may involve an illegal activityIncluding money laundering or terrorist financing.
The fine was issued by Austra, the agency that monitors the financial crime in Australia. According to A statement issued on May 15Tell Cointree the agency He missed many final dates to submit these reportsWhich led to an enforcement.
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Austra explained that the reporting delays like this can make it difficult to implement the law quickly respond to potential threats. SMRS must be submitted no later than three working days after the company first notes laundering money. If anxiety is related to terrorist financing, then the deadline is only 24 hours.
Brendan Thomas, head of Austrac, said in the announcement:
We need to make these reports as soon as possible, which is why the time frames are placed in place – it allows us to move at the pace and alert our partners to suspected criminal behavior.
Despite the violation, Austra said that Cointree had it It fully cooperates with the investigation and makes improvements to its internal systems to help avoid future errors. According to Thomas, the stock exchange “takes proactive steps to treat its systems and controls.”
Meanwhile, on May 9, German authorities closed the German authorities and seized about $ 38 million in digital assets. What happened? Read the full story.
After completing a master’s degree in economics, politics and the cultures of East Asia, Harun wrote scientific papers to analyze the differences between the Western and collective forms of capitalism in the post -World War II era.
With nearly a contract in Fintech, Aaron understands all the biggest issues and conflicts faced by encryption fans. He is an emotional analyst concerned with data -based data based on data -based, as well as those that speak to each of the WEB3 citizens and new expatriates in the industry.
Aaron is the person who starts in everything and anything related to digital currencies. With a great passion for teaching Blockchain & Web3, Aaron seeks to transform the space as we know it, and make it more friendly to complete beginners.
Harun was carried by fixed outlets, the author of himself. Even during his spare time, he enjoys searching in market trends, searching for the following Supernova.
