Industry specific guides
Gambling is a known method of laundering money. It is used to make the proceeds of crimes look legitimate and to avoid paying tax.
Venues with gaming machines have obligations under AML/CTF legislation, including
- enrolling with AUSTRAC
- protecting your business from misuse by criminals
- reporting suspicious activity to AUSTRAC.
Advice is available:
- print this poster (PDF, 2MB): it has suggestions for protecting your business from money laundering
- read the compliance guide and other material on this site
- call our Contact Centre
More resources are being developed.
AUSTRAC has released the AUSTRAC business profile form explanatory guide (explanatory guide) to assist entities with using the AUSTRAC business profile form (the form).
The form is used by entities to complete their enrolment and registration applications under the new requirements which commenced from 1 November 2011.
The explanatory guide:
- is designed to assist entities with answering the questions on the form
- includes two checklists detailing the information entities require to enrol or register with AUSTRAC. These checklists are found at Appendix A (information required for enrolment) and Appendix B (information required for registration).
- Enrolment and remitter registration
- Obligations and compliance
- Important information for industry
- AUSTRAC Online
- Consultation with industry
- Exemptions and modifications
- Start-up businesses and financial services
- AUSTRAC industry contribution