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New ICMEC Australia Whitepaper just released: "No Bank Left Behind"

July 21, 2026

No Bank Left Behind: Why Australia’s Smaller Financial Institutions Are Critical to the Fight Against Child Sexual Exploitation

Behind many cases of child sexual exploitation sits a financial transaction that has passed through an Australian bank.

Since 2022, sextortion investigations alone have led to the closure of thousands of Australian bank accounts, and AUSTRAC received over 450,000 suspicious matter reports in 2025.

While major banks have dedicated financial crime teams and sophisticated technology, regional and customer-owned institutions carry the same obligations sometimes with a fraction of resources, making them at risk for displacement of offenders.

Our new Whitepaper on the role of smaller financial institutions, is live now. Read it below!


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ICMEC Australia acknowledges Traditional Owners throughout Australia and their continuing connection to lands, waters and communities. We pay our respects to Aboriginal and Torres Strait Islanders, and Elders past and present.

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