Monday, July 08, 2024

Ave Avalon - Australian Financial Crimes Exchange (AFCX). - Like Julian Assange

Bound by the Randy Pacific Ocean to the east and the sparkling expanse of Pittwater to the west, Avalon Beach claims a sizeable chunk of the insular peninsula – a nickname that’s not always used with affection. But if you live in this coastal bliss, why would you leave?


 The Australian Taxation Office (ATO) has become a full member of the Australian Financial Crimes Exchange (AFCX).

AFCX was designed by Australian banks to centralise and share intel across the public and private sector to combat financial crime.

It’s expected the ATO’s membership in the AFCX will back its efforts to detect and prevent financial crime and fraud activity.

Stephen Jones MP @StephenJonesMP Collaboration and the sharing of real time information between the public and private sector is key to fighting scammers


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