Entity details
The corporate identity and regulatory posture of BLASO Provenance Pty Ltd, published for the purpose of entity verification by regulators, banking and payment providers, and supplier counterparties.
Corporate identity
| Legal entity | BLASO Provenance Pty Ltd |
|---|---|
| Entity type | Australian proprietary company, limited by shares |
| Trading names | BLASO Providence (numismatic); BLASO Bullion (investment-grade bullion) |
| ACN | 698 788 528 |
| ABN | 87 698 788 528 |
| Registered office | Suite 26, Central 2 / 1 Ricketts Rd, Mount Waverley VIC 3149, Australia |
| Date of incorporation | 5 June 2026 |
AUSTRAC reporting entity statement
BLASO Provenance Pty Ltd is a reporting entity under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth), providing bullion designated services under Table 2, section 6.
The entity is a newly regulated reporting entity under the Tranche 2 reforms introduced by the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (Cth) and supported by the Anti-Money Laundering and Counter-Terrorism Financing Rules 2025. Its in-scope activity is dual-pipeline bullion dealing — the wholesale acquisition and the retail sale of investment-grade bullion — both designated services within Table 2 of section 6.
For retail bullion sales, the entity relies on the statutory initial-CDD exemption for bullion transactions under AUD $5,000 (Item 11 of the section 39E exemptions table). All other obligations — sanctions and PEP screening, suspicious-matter reporting, ongoing monitoring and record-keeping — apply to every bullion sale regardless of value. The entity accepts no physical cash and no virtual assets at any interface; settlement is by card or bank transfer only.
AML/CTF Program
The entity maintains a single, integrated AML/CTF Program for the purposes of Part 1A of the Act, comprising:
- an ML/TF risk assessment (sections 26C–26E); and
- AML/CTF policies (sections 26F–26G).
The Program was adopted by resolution of the Sole Director and Senior Manager under section 26P before the entity commenced providing designated services, so that an up-to-date risk assessment and AML/CTF policies are in force at commencement (sections 26E and 26G).
Compliance Officer
| Designation | AML/CTF Compliance Officer, designated under section 26J of the Act |
|---|---|
| Officer | Luke Fenech (Sole Director and Senior Manager) |
| Functions | Overseeing and coordinating day-to-day compliance with the Act and the Rules; acting as the entity's point of contact with AUSTRAC (section 26L) |
| AUSTRAC notification | Notified under section 26M at or before enrolment |
| Contact | compliance@blaso.com.au |
The entity is a single-director proprietary company; the Governing Body, Senior Manager and AML/CTF Compliance Officer are the same individual. This concentration is permitted under the Act and the Rules, which scale governance expectations to the nature, size and complexity of the reporting entity, and is managed through documented mitigations including external professional advisers, procedural decision-making, system-enforced controls, immutable audit logging and periodic independent evaluation.
Compliance posture
- No cash, no virtual assets. Enforced at the payment gateway as a control, not merely a commercial preference.
- Australia-only retail. The retail flow is restricted to Australian customers.
- Account-to-account settlement through a regulated banking provider.
- System-enforced product segregation between in-scope bullion and the out-of-scope numismatic catalogue.
- Sanctions screening of customers, beneficial owners and supplier counterparties against the DFAT Consolidated List.