Consultation with industry
AUSTRAC often consults with industry groups and other interested people so that we hear their opinions about topics including:
- the industry contribution levy
- proposed changes to the AML/CTF Rules
This page will help you find and participate in consultations that interest you.
Closed
Open date:
Submission deadline:
Following the first round of consultation that began in late 2024, we are seeking further feedback on new Anti-Money Laundering and Counter-Terrorism Financing Rules (AML/CTF Rules).
We encourage you to submit a response using the consultation form below. The earlier you submit a response, the sooner we can commence working on any further adjustments.
Open date:
Submission deadline:
We seek your feedback on the new draft Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Rules, following the passing of the Bill to amend the AML/CTF Act. Submissions close on 14 February 2025.
Open date:
Submission deadline:
AUSTRAC is seeking submissions on draft updated guidance on alternative identification processes reporting entities can use to assist customers who may have difficulty providing standard identification.
The guidance provides information about using a flexible, risk-based approach to customer identification to ensure that those with diverse backgrounds or facing challenging circumstances can access the financial services that they need, resulting in better financial inclusion.
This guidance sets out how we interpret the Act, 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.