Australia Watchdog Orders Audit of Airwallex Over Suspected Compliance Breach
On 22 January 2026, Australia’s financial crime regulator, AUSTRAC, shocked the fintech world by ordering a full compliance audit of Airwallex. This action came from serious doubts about the company’s anti‑money‑laundering and counter‑terrorism financing systems. AUSTRAC says Airwallex may not be watching transactions closely enough. It also believes the company has gaps in how it…