❓ A parliamentary question scrutinising The Perth Mint's compliance with anti-money laundering regulations, specifically its registration as a remitter with AUSTRAC. The government's response reveals a lack of prior registration and subsequent self-reporting.
AnsweredQoN 923Legislative Council
QuestionView source ↗
I refer to the Western Australian State Government body Gold Corporation trading as The Perth Mint, which registered with Austrac's Remittance Sector Register in March 2021, and I ask: (a) when did The Perth Mint recognise it was a remitter under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and needed to register with the Austrac as a remitter; (b) how long had The Perth Mint been functioning as a remitter before it registered with Austrac as a remitter; (c) please provide the application made by The Perth Mint to Austrac to register as a remitter; (d) please provide the response from Austrac to the application in (c), including any registration document and instructions; (e) did the Government order any investigation or review of the functions of The Perth Mint following the discovery of the need to register with Austrac; (f) if yes to (e), please provide a copy of any investigation or review; and (g) if no to (e), why not?
AnswerView source ↗
Answered
20 October 2022
Responded by
Parliamentary Secretary representing the Minister for Mines and Petroleum
Response time
7 days
a) 2021
b) Gold Corporation is seeking advice on the extent of its remittance obligations under the Act. At no point during the previous Liberal National Government was Gold Corporation registered as a remittance provider.
c) See attached (this is a publicly available document)
d) The submission was made via the AUSTRAC portal via and an automatic confirmation email was received. Registering as a remittance provider is not an application that is assessed.
e) No
f) N/A
g) Gold Corporation self-identified and self-reported to AUSTRAC and has been registered since 5 March 2021
b) Gold Corporation is seeking advice on the extent of its remittance obligations under the Act. At no point during the previous Liberal National Government was Gold Corporation registered as a remittance provider.
c) See attached (this is a publicly available document)
d) The submission was made via the AUSTRAC portal via and an automatic confirmation email was received. Registering as a remittance provider is not an application that is assessed.
e) No
f) N/A
g) Gold Corporation self-identified and self-reported to AUSTRAC and has been registered since 5 March 2021
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.