Skip to main content

ADIs: Banks, credit unions and building societies guidance resources

Detailed guidance

This guide clarifies how to treat a strata corporation (also known as body corporate or owners corporation) for the purpose of customer and beneficial ownership identification. It also provides the relevant provisions of the Rules to refer to if beneficial owners cannot be determined using the standard criteria.

Risk assessment

With information specific to mutual banks, this report outlines the sector’s exposure to financial crime and includes pathways to strengthen risk mitigation.

Detailed guidance

Find information related to agent banking arrangements, details related to the correlation between the designated service provider and the agent bank, reporting obligations in relation to Threshold transaction report (TTR) and what are AUSTRAC's expectations from the account provider.

Detailed guidance

A strategic analysis brief about how serious organised crime groups use business express deposit boxes (BED) boxes and internet banking facilities to avoid your KYC and ongoing customer due diligence procedures. It includes 'red flags' that may indicate serious financial crime. Strategic analysis briefs provide insights on ML/TF risks, trends and methods.

Detailed guidance

A guidance note about the correspondent banking provisions in AML/CTF legislation. Guidance notes help reporting entities understand specific provisions of the AML/CTF Act and Rules so they can meet their obligations.