Perth Mint has escaped a fine after signing an enforceable undertaking with the financial systems regulator to fix “non-compliance” with anti-money laundering laws.

Gold Corporation, the state-owned company which runs the Mint, was placed under investigation by the Australian Transaction Reports and Analysis Centre (AUSTRAC) in January 2021.

Perth Mint signs undertaking to overhaul anti-money laundering compliance comes via ChinaTechNews.com.