“We continue to take steps to strengthen our compliance structures to ensure we play our part in protecting Australia’s financial system from criminal exploitation. As well as the inscription ‘KOALA’ and The Perth Mint’s ‘P’ mintmark, the reverse includes the coin’s weight, purity and year-date. “We take comfort that the auditor’s report confirmed the design and scope of our remediation program is appropriate to deliver effective remediation. Enhanced with a softly frosted finish, the 2022 Australian Koala portrays the iconic animal dozing on the bough of a tree amid clusters of aromatic eucalyptus leaves. "The board and executive team welcome the external audit as an opportunity to support and inform our ongoing efforts to improve systems and processes. This 1 kg cast silver bar from the Perth Mint contains just over 32 ozs of silver and is a great bar for serious silver stackers. “We are pleased AUSTRAC has noted the co-operation of our people during the process, the significant work the Mint has undertaken in remediating our anti-money laundering systems and processes, and that The Perth Mint has already completed a number of critical improvements. “We’re working hard to meet the expectations and maintain the trust of the WA community, the gold mining sector, our business partners and customers. “The Perth Mint is fully committed to its obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006,” Mr Walsh said. The Perth Mint Non-Executive Chair Sam Walsh AO welcomed the outcome and said the Mint was continuing to progress its remediation program to address compliance shortcomings. First National Bullion is in the business of buying and selling of precious metals such as the Perth Mint platinum coins at excellent prices. No fine has been imposed as part of the Enforceable Undertaking. As part of the Enforceable Undertaking the Mint will complete its Anti-Money Laundering Remediation Program which began in March 2021 and will conclude by 30 April 2025.The implementation of the Program will be assessed by an independent external auditor. The Perth Mints kangaroo coins and bullion are famous around the globe, with new release coins popular with coin collectors and bullion investors. The audit, carried out between November 2022 and July 2023 identified some compliance issues. It follows an independent external audit ordered by AUSTRAC to assess The Perth Mint’s compliance with Australian anti-money laundering and counter-terrorism financing laws. Gold Corporation, trading as The Perth Mint, has voluntarily entered an Enforceable Undertaking with the Australian Transaction Reports and Analysis Centre (AUSTRAC). Buy Perth Mint Bullion & Coins Bulk Bullion 2023 Perth Mint Kangaroo Silver Coin - 1oz 2023 Perth Mint Koala Silver Coin - 1oz 2023 Perth Mint Kangaroo.
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