The Eligo National Task Force (Eligo) was authorised in December 2012 as a nationally coordinated preventative taskforce to tackle the high risk alternative remittance sector and operators of other informal value transfer systems impacting on Australia.
On the 9 September 2014, the Eligo 2 National Task Force (Eligo 2) was established to disrupt high priority international and domestic money laundering operators. The objective of this task force is to take coordinated collective action against money launderers to reduce their adverse impact on Australia and its national economic well being.
Eligo 2 has been approved to operate until 31 December 2016. The Eligo 2 Task Force is made up of the Australian Criminal Intelligence Commission, the Australian Federal Police and AUSTRAC, and is supported by our Commonwealth, State and Territory partners, along with a number of international partners. The work of the Eligo 2 task force includes long-term prevention strategies, using criminal intelligence insights to disrupt money laundering and harden the environment to serious and organised crime infiltration.
The Eligo and Eligo 2 task force have provided valuable intelligence insights into ever-changing money laundering methodologies which in turn inform the responses of the agency and its partners. The results to date affirm the value of applying an investigative strategy of following the money as an effective way of unearthing organised criminal activity such as the importation of drugs with the Australian Criminal Intelligence Commission currently working with its partner agencies to investigate a broader range of money laundering methodologies.
The Eligo National Task Force has released a range of fact sheets for remittance businesses to provide guidance on detecting and deterring money laundering activity. These fact sheets are available on the Australian Transaction Reports and Analysis Centre (AUSTRAC) website.