Imperial Bullion as part of the Master Metals Exchange Pty Ltd Group of Companies, is a Reporting Entity that provides a service registered under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML Act). As such, we are required to maintain a comprehensive AML program to ensure the mitigation and reporting of all money-laundering and terrorism-financing activities.
The Imperial Bullion compliance department has implemented a comprehensive customer due diligence program to identify, verify and monitor all of our clients in accordance with the AML Act.
The governmental body charged with regulating and ensuring compliance with the AML Act is the Australian Transaction Reports and Analysis Centre (AUSTRAC).
AUSTRAC is a member of the international Financial Action Task Force (FATF) initiative, which is the foremost inter-governmental body developing and promoting policies to combat money laundering and terrorist financing.