Question On Notice No. 612 asked in the Legislative Assembly on 15 November 2022 by Mr R.S. Love
Question Directed to the: Minister for Mines and Petroleum
Parliament: 41 Session: 1
Question
I refer to Gold Corporation and ask:
(a) Did Gold Corporation fail to file a single international funds transfer instruction (IFTI) report in the 2021 financial year, despite operating an international gold trading app and selling bullion to customers in 130 countries?
Answered on 14 February 2023
Gold Corporation continues to engage with the auditor authorised by AUSTRAC regarding international funds transfer instructions and will comply with any requirements. Gold Corporation did not file any IFTIs in 2020-21 or any previous financial year, including 2008-09 to 2016-17.