ARCPA NOTICE OF ANNUAL GENERAL MEETING 2019
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ARCPA Annual General Meeting - Tuesday 26 November 2019

Date: Tuesday, 26 Nov 2019
​Time: 6:00 pm (arrive 5:45pm for registration)
Venue: Himalaya Restaurant, 5 Good Street, Granville NSW 2142
(Dinner will be served, only one person from each members is allowed. However, you can bring guest by paying $35/= per person)

We encourage all members to come to the meeting.

If you cannot attend the AGM then please contact complete and return the Proxy Voting Form available here.

The Board is also calling for Directors to join and support the team. These Directors should have the passion, industry experience and necessary skills to support ARCPA’s goals. Expertise in the areas of advocacy would be encouraged.

If you are interested in becoming a member of the ARCPA Board or wish to nominate someone, you are invited to complete the Nomination Form or contact us to assist with this process.

For any matters concerning the AGM plese contact us via email at director@arcpa.org.au.
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We look forward to seeing you at the AGM.
 
Regards,
 
The ARCPA Board of Directors

ARCPA Notice of Annual General Meeting 2018

​ARCPA Annual General Meeting – Wednesday 31 October 2018, Sydney

Date:              Wednesday 31 October 2018
Time:              6:00pm (arrive 5.45pm for registration)
Venue:            Homebush Boys High School, Bridge Rd, Homebush, NSW 2140

We encourage all members to come to the meeting as we have a number of important updates to share.
 
The agenda of the meeting is:
 
1.    Apologies and Attendance
2.    Accept the minutes of the 2017 AGM
3.    Chairpersons Report to Members
4.    Election of new Directors
5.    Treasurer's Report to Members and report to the statutory Financial Statements for the year 2017 - 2018
6.    Any other business
7.    Close

Please note, only fully paid ARCPA members can attend the AGM. The last date for membership renewal is 19 October 2018.  Please contact us if you need to discuss your membership.
 
The Board is also calling for Directors to join and support the team. These Directors should have the passion, industry experience and necessary skills to support ARCPA’s goals. Expertise in the areas of advocacy would be encouraged.
 
If you are interested in becoming a member of the ARCPA Board or wish to nominate someone, you are invited to complete the Nomination Form or contact us to assist with this process.
 
We have included the Proxy Form if you are unable to attend.
 
We look forward to seeing you at the AGM.
 
Regards,
 
The ARCPA Board of Directors
 
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MEDIA RELEASE - APRIL 2017 - Version 2 Certification program launched

Australian Remittance and Currency Providers Association Limited Media Release - Launch of Certification Program Version 2

For immediate distribution.

For a PDF version of the release click here.

August 2017


The Australian Remittance and Currency Providers Association (ARCPA) is very pleased to announce yet another exciting milestone for the remittance industry in the uplift of AML/CTF and Sanctions compliance practice.
Today, the industry association for the remittance industry, ARCPA, launched Version 2 of its world- first Certification Program. This builds upon the launch of the Certification Program in 2016 which the former AUSTRAC CEO, Mr Paul Jevtovic, stated was a “a step in the right direction”.
The Version 2 standard was developed in detailed consultation with industry stakeholders. ARCPA has been working with industry stakeholders and with members to improve compliance within the sector including a webinar education program focussing on the AML/CTF and Sanctions obligations.
The ARCPA Certification program has been designed to comply with the Australian AML/CTF Act 2006 and Autonomous Sanctions Act 2011. The ARCPA Certification program is an independent assessment of an organisation’s approach to and application of risk and compliance policies and controls.
“We encourage remittance providers to adopt this industry standard and incorporate the Certification Program into their internal policies and procedures” said Dianne Nguyen, Director of ARCPA. “This is what is required to uplift the industry’s compliance practice.
“Remittance providers who adopt the ARCPA Certification Program will differentiate themselves within industry and reduce the burden of the banks in their customer due diligence procedures.” said the Director of ARCPA. “The adoption of the Compliance Best Practice will demonstrate the remittance provider’s competency and capacity in managing ML/TF and Sanctions risks.” 

World’s First Industry Certification

The ARCPA Certification is a global best practice for the remittance industry and ARCPA expects it to be adopted, in part or full, by industry bodies overseas.

For more information on the program: http://www.arcpa.org.au/certification.html

ARCPA
Attribution: ARCPA, Director, Dianne Nguyen and Harold Dimpel

Contact Details:
Ramanathan Karuppiah
Ph: 0404 355 811 
Email: certification@arcpa.org.au

Dianne Nguyen
Ph: 0409 227 352
Email: certification@arcpa.org.au

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INTERNATIONAL DAY OF FAMILY REMITTANCES - JUNE 2017

Australian Remittance and Currency Providers Association pledges support for International Day of Family Remittances

For a PDF version of the letter please click here.

16 June 2017

We, the Australian Remittance and Currancy Providers Association (ARCPA) fully endorse “The International Day of Family Remittances”.
The International Day of Family Remittances was unanimously proclaimed by all 176 IFAD Member States during its Governing Council in February 2015, and in December 2016, the General Assembly took note of this proclamation.

June 16, 2017 is officially designated as International Day of Family Remittances. The day aims to recognize, and raise global awareness of, the fundamental contribution made by migrant workers to the wellbeing of their families and communities back home, and to the sustainable development of their countries of origin.

Remittances represent one the largest single financial forces for good on the planet. At $600 billion, the money sent home annually by migrant workers dwarfs international aid and, in some instances, foreign direct investment too. Remittances also power financial inclusion and disproportionately benefit both the poor and women in emerging markets. Hundreds of millions of families globally rely on these money flows to keep food on the table and a roof over their heads.

Today is a celebration of the hard work, sacrifice and generosity of international workers. As stakeholders in the fintech / remittances / financial services* industry.

We, the undersigned, pledge to work together to enhance innovative financial technology, provide greater efficiency and lower the cost for a more accessible financial sector to all in order to enable poor people to control their financial life.

We call on governments, regulators, financial institutions and development bodies to do everything in their power to help us achieve that aim.
We are committed to celebrating the power of remittances with people throughout the world.
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Happy International Day of Family Remittances!


ARCPA board 

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MEDIA RELEASE - APRIL 2017

Australian Remittance and Currency Providers Association Limited Media Release - Launch of Certification Program

For immediate distribution.

For a PDF version of the release click here.

April 2017

The Australian Remittance and Currency Providers Association (ARCPA) are pleased to announce a milestone for the remittance industry in the uplift of AML/CTF compliance practice.

Last year, the industry association for the remittance industry, ARCPA launched the ARCPA Certification program and it has now awarded its first ARCPA Certifications. ARCPA expects this new designation to become the industry standard for remittance providers. The ARCPA Certification program has been designed to comply with the Australian AML/CTF Act 2006 and Autonomous Sanctions Act 2011. The ARCPA Certification program is an independent assessment of an organisation’s approach and application of risk and compliance policies and controls.

The ARCPA Certification program is “a step in the right direction” says Mr. Paul Jevtovic APM, CEO of AUSTRAC, the AML/CTF regulator of the remittance industry. Mr. Jevtovic commended the industry body on how far it had come in the past 12 months and added that the ARCPA Certification is “a good approach to creating a benchmark for industry to strive for”. He further added that “ARCPA are also to be commended on their desire to collaborate and their acceptance that whilst this a very important step forward, there is still important work to do”.

ARCPA is encouraged by the positive feedback from AUSTRAC.“We encourage remittance providers to adopt this industry standard and incorporate it into their internal policies and procedures” said Dianne Nguyen, Director of ARCPA. “This is what is required to uplift the industry’s compliance practice.

“Remittance providers who adopt the ARCPA Certification program will differentiate themselves within the industry and reduce the burden for banks in their customer due diligence procedures.” said the Director of ARCPA. “The adoption of the Compliance Best Practice will demonstrate the remittance provider’s competency and capacity in managing ML/TF and sanctions risks.”

World’s First Industry Certification

The ARCPA Certification is a global best practice for the remittance industry and ARCPA expects it to be adopted, in part or full, by industry bodies overseas.

For more information on the program: http://www.arcpa.org.au/certification.html

ARCPA
Attribution: ARCPA, Director, Dianne Nguyen

Contact Details:

Dianne Nguyen
Ph: 0409 227 352
Email: info@arcpa.org.au

Harold Dimpel
Ph: 0410 622 272
Email: info@arcpa.org.au

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ARCPA Submission to Senate inquiry into Consumer protection in the banking, insurance and financial sector

In response to de-risking by Australian banks, the ARCPA provided a submission to the Senate inquiry into Consumer protection in the banking, insurance and financial sector.  The submission draws attention to de-risking activity and its severe social and economic impact on the Remittance sector in Australia and the region.

The Inquiry website including other submissions can be found here.

A copy of the ARCPA submission can be found here.

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The issue of de-banking raised in Parliament by Hon Craig Kelly M.P 

7 September 2015

The issue of de-banking raised in Parliament by Hon Craig Kelly M.P 
Record Datetime: 07/09/2015 09:54:59
Duration: 03:30:00 
Event Type: House of Representatives
Event Sub-Type: Chamber Proceedings
Description: Official Recording of House of Representatives Proceedings from the Australian Parliament