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Which of the Following Is Not a Power of the Australian

Question 30

Multiple Choice

Which of the following is not a power of the Australian Transaction Reports and Analysis Centre (AUSTRAC) ?


A) To issue rules that Reporting Entities are legally obliged to follow.
B) To publish 'name and shame' details of a Reporting Entity's enforceable undertaking.
C) To appoint external auditors to assess a Reporting Entity's risk management procedures.
D) To impose fines for breaches of key requirements.

Correct Answer:

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