Today marks a major milestone in Australia’s landmark reforms to strengthen the nation's anti-money laundering and counter-terrorism financing laws.
More businesses are now regulated
Thousands more businesses are now regulated under Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws.
This includes newly regulated sectors such as real estate, conveyancing, legal services, accounting and precious stones and metals.
These businesses must meet obligations under the new laws, including:
- implementing AML/CTF programs
- conducting customer due diligence
- reporting suspicious matters and
- keeping relevant records.
Newly regulated businesses must enrol with us by 29 July 2026.
Enrolment and registration requirements
Most businesses only need to enrol.
However, businesses providing remittance or virtual asset designated services must enrol and apply for registration.
Updated reporting forms now available
New threshold transaction report and suspicious matter report forms are now available in AUSTRAC Online.
The forms strengthen the information we collect and support a modern, risk-based AML/CTF framework.
If you have any questions, contact us.