The Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006 became effective on 12 December 2006. The Act imposes numerous obligations on entities that provide a Designated Service (as defined in the AML/CTF Act). Professional Forex Services Pty Ltd trading as PRFX as a provider of foreign exchange services is a Reporting Entity and therefore is … Continue reading Money Laundering Statement