AUSTRAC Regulatory Guide
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 Regulatory Guide
Introduction (PDF, 330KB)
Glossary
|
Australian Business Number |
| ACN |
Australian Company Number |
| ADI |
authorised deposit-taking institution |
| AFP |
Australian Federal Police |
| AFSL |
Australian Financial Services Licence |
| AML |
anti-money laundering |
| AML/CTF Act |
Anti-Money Laundering and Counter-Terrorism Financing Act 2006 |
| AML/CTF Rules |
Anti-Money Laundering and Counter-Terrorism Financing Rules |
| AML/CTF legislation |
collectively the AML/CTF Act, AML/CTF Rules and the FTR Act |
| APG |
Asia/Pacific Group on Money Laundering |
| ARBN |
Australian Registered Body Number |
| ASIC |
Australian Securities and Investments Commission |
| AUD |
the international standard currency code for Australian dollars |
| AUSTRAC |
Australian Transaction Reports and Analysis Centre |
| BNI |
bearer negotiable instrument |
| CDD |
customer due diligence |
| CTF |
counter-terrorism financing |
| CTRA |
until December 1992, AUSTRAC was known as the Cash Transaction Reports Agency |
| DFAT |
Department of Foreign Affairs and Trade |
| EFTI |
electronic funds transfer instruction |
| EGMONT |
EGMONT Group of Financial Intelligence Units |
| FATF |
Financial Action Task Force |
| FinCEN |
Financial Crimes Enforcement Network (USA) |
| FIU |
financial intelligence unit |
| FTR Act |
Financial Transaction Reports Act 1988 |
| IDCD |
identifying cash dealer |
| IFTI |
international funds transfer instruction - an instruction for a transfer
of funds transmitted electronically into or out of Australia |
| IMF |
International Monetary Fund |
| KYC |
know your customer |
| ML/TF |
money laundering/terrorism financing |
| OCDD |
ongoing customer due diligence |
| SCTR |
significant cash transaction report - under the FTR Act, a report submitted to AUSTRAC by cash dealers, of a currency (coin or paper money) transaction involving AUD10,000 or more (or the foreign equivalent) |
| SMR |
suspicious matter report - a report submitted to AUSTRAC by a reporting entity when it has reasonable grounds to suspect that provision of a designated service may be relevant to investigation of an offence against an Australian law, including tax evasion, money laundering and terrorism financing, or that a customer is not the person they claim to be. This report type will commence under the AML/CTF Act from 12 December 2008 |
| SUSTR |
suspect transaction report - under the FTR Act, a report submitted to AUSTRAC by a cash dealer when it has reasonable grounds to suspect that a transaction may be relevant to investigation of an offence against an Australian law, including tax evasion and terrorism financing |
| SWIFT |
Society for Worldwide Interbank Financial Telecommunication |
| TTR |
threshold transaction report - a report submitted to AUSTRAC by a reporting entity where the provision of a designated service involves $10,000 (AUD) or more in physical currency, or $10,000 or more in
e-currency. This report type will commence under the AML/CTF Act from 12 December 2008 |
| UNODC |
United Nations Office on Drugs and Crime |
