Reporting Entity System Transformation (REST) Program
The REST Program replaces the current AUSTRAC Online interface with a modern and user-friendly platform. This improves our ability to process the large volumes and types of data that you and other regulated entities provide us every day.
On this page
New features
New features include:
- Ability for reporting entities to submit larger numbers of International Electronic Transfer Funds Instruction (IFTI-E) transaction reports.
- Quick reference guides to navigate the new user interface for impacted reporting entities (ISO 20022 guidance).
- New IFTI-E schema for our entities to report in international standard format (ISO 20022).
- New enrolment and registration forms for a better user experience when providing your business information to us.
- An opportunity for users to provide feedback on the features and functionalities important when completing enrolment and registration forms.
We’ve also delivered internal features to support our engagement with reporting entities, including:
- A content management capability to more efficiently deploy the Annual Compliance Report and collect relevant and timely information from you and other reporting entities.
- An automated levy calculation system to enhance industry contribution processes with reporting entities.
Continuous improvement
We’re continuing our work on strengthening and upgrading our online security. This will improve the user experience.
We’re focused on delivering the following:
- a new AUSTRAC Online platform to replace the current platform
- strengthened security features and functionality, further strengthening the security of information provided to us
- uplifting transaction reporting processes.
Get involved
Engagement with our stakeholders is important to the REST Program as we deliver functionality.
If you’re a reporting entity or industry association and would like to get involved or provide general feedback, email HaveYourSay@austrac.gov.au.
In your email, include your:
- name
- position
- business name.
REST guidance
Further guidance will be available as it’s developed to make sure transition is as easy as possible. This will help you to continue to meet your reporting obligations.
Our latest REST program guidance and supporting documentation:
- IFTI-E v2.0 schema and IFTI-E v2.0 schema specifications (zip, 849)
- API specifications for IFTI-E reports are available on your AUSTRAC Online account, via the Transaction Reporting – Administration menu.
- User login and access (PDF, 375KB)
- Uploading IFTI-E (PDF, 373KB)
- Submissions table (PDF, 939KB)
- Viewing and downloading a Transaction reporting receipt (PDF, 683KB)
- File resubmission or no further action (PDF, 552KB)
- IFTI-E single data entry guide for reporting ISO20022 messages (DRAFT) (PDF, 1.82MB)
- Quick reference guides to use the new user interface.
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.