Read the list of written notices we've sent to reporting entities to appoint external auditors.

We can require a reporting entity to appoint an external auditor if we have reasonable grounds to suspect that the reporting entity:

  • has not taken – or is not taking – appropriate action to identify, mitigate and manage the ML/TF risk its business or organisation may reasonably face
  • has not complied with AML/CTF law.

You can find out more about the consequences of not complying.

We publish these notices in the interests of transparency and accountability. 

2026

2025

2022

2020

2019

2015

2012

2010

This guidance sets out how we interpret certain Australian legislation, along with associated Rules and regulations. Australian courts are ultimately responsible for interpreting these laws and determining if any provisions of these laws are contravened. 

The examples and scenarios in this guidance are meant to help explain our interpretation of these laws. They’re not exhaustive or meant to cover every possible scenario.

This guidance provides general information and isn't a substitute for legal advice. This guidance avoids legal language wherever possible and it might include generalisations about the application of the law. Some provisions of the law referred to have exceptions or important qualifications. In most cases your particular circumstances must be taken into account when determining how the law applies to you.

Last updated: 19 Oct 2026

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