AML/CTF compliance reporting 2014
- Does my business need to submit a compliance report?
- When is my 2014 AML/CTF compliance report due?
- How do I submit my report?
- Who can I contact if I need help?
- Guides and forms
An AML/CTF compliance report is an annual report which provides AUSTRAC with information about your compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act), the regulations and the Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No.1) (AML/CTF Rules).
You will need to submit an AML/CTF compliance report to AUSTRAC if you are a reporting entity who offered designated services during any part of the reporting period of 1 January 2014 to 31 December 2014. It is a legislative requirement under the AML/CTF Rules to submit an AML/CTF compliance report to AUSTRAC.
For further information about designated services, reporting obligations and exemptions please visit the AUSTRAC compliance guide.
All businesses that provide designated service/s must submit a compliance report unless covered by an exemption.
You are exempt from submitting a compliance report if you are a:
- small gaming venue licensed to operate no more than 15 electronic gaming machines
- AFSL holder who only makes arrangements for another person to receive a designated service covered by the AML/CTF Act
- registered remittance network provider (RNP) and registered affiliate.
If you are not covered by an exemption, and believe you are not a reporting entity or do not have to submit an AML/CTF compliance report, please complete a Compliance report response form (below under Guides and Forms) or call the AUSTRAC Contact Centre on 1300 021 037 (a local call within Australia) or email email@example.com
My business closed or ceased offering a designated service - do I still need to complete a compliance report?
If you offered any designated services during the reporting period of 1 January 2014 to 31 December 2014, you must still complete an AML/CTF compliance report for the period you did offer those services.
In addition, if your business is no longer a reporting entity, you must submit an 'RE Roll Removal' request form. This form is available on the Business Profile page of your AUSTRAC Online account.
The compliance report should be completed and submitted to AUSTRAC during the lodgement period. The lodgement period for the 2014 compliance report is:
2 January 2015–31 March 2015
It is AUSTRAC's strong preference for the AML/CTF compliance report to be completed online. However, those who do not have internet access can submit paper-based compliance reports.
The easiest way to submit your compliance report is through AUSTRAC Online.
Simply log into your AUSTRAC Online account and click on 'Compliance report'. You will need to create the report, answer the questions and then click 'submit'.
For further information about AUSTRAC Online please visit the About AUSTRAC Online page.
You may contact the AUSTRAC Contact Centre on 1300 021 037 (a local call within Australia) or email firstname.lastname@example.org.
AUSTRAC also provides free access to a translation and interpreting service to assist people from non-English speaking backgrounds. To access the translation service, telephone 131 450 and ask for 'AUSTRAC on 1300 021 037'.
Compliance report response form
AUSTRAC compliance guide
- Enrolment and remitter registration
- Obligations and compliance
- Important information for industry
- AUSTRAC Online
- Consultation with industry
- Exemptions and modifications
- AUSTRAC industry contribution