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All guidance resources

Risk assessment

An assessment of the money laundering and terrorism financing (ML/TF) risks associated with the non-bank lending and financing sector to help identify, mitigate and manage risks. 

Regulatory guide

This information will help you understand and implement reforms related to correspondent banking, which came into effect on 17 June 2021.

Regulatory guide

This information will help you understand and implement reforms related to customer due diligence, which came into effect on 17 June 2021.

Regulatory guide

This information will help you understand and implement reforms related to tipping off, which came into effect on 17 June 2021.

Regulatory guide

This information will help you understand and implement reforms related to reliance on customer identification and verification by a third party, which came into effect on 17 June 2021.

Financial crime guide

Organised criminals use ‘cuckoo smurfing’ as a method of laundering money to disguise and integrate their funds across borders to profit from and further enable their illegal activities.

Generally this method of money laundering relies on exploiting the bank accounts of customers expecting to receive legitimate funds. These customers are often unaware that the funds transferred into their accounts are the proceeds of crime.

To protect Australia’s financial system against exploitation, AUSTRAC’s Fintel Alliance has developed this financial crime guide on cuckoo smurfing.

Detailed guidance

ABPF explanatory guide

The ABPF explanatory guide 2021 gives you step-by-step instructions on the information you need to fill in the AUSTRAC Business Profile Form.

ABPF explanatory guide (Word, 2.1MB) 

An important checklist to ensure that you have incorporated the key elements and details needed for effective SMR reporting.

A new guidance resource to assist reporting entities in submitting more effective SMRs

Quick guide

An overview of effective ongoing customer due diligence, including transaction monitoring and enhanced customer due diligence, based on key learnings from our regulatory activity.