Are you a remittance network provider that will have affiliates in Australia? That is, will you have agreements with Australian businesses or organisations for them to provide remittance services by using your brand, products, platforms or systems?
-
Business
- New to AUSTRAC
- Your industry
-
Core guidance
- All guidance resources
- Latest guidance updates
-
Customer identification and verification
- Customer identification (KYC)
- Beneficial owners
- Politically exposed persons (PEPs)
- Customer identification and verification: easy reference guide
- Assisting customers who don’t have standard forms of identification
- Reliable and independent documentation and electronic data
- High-risk countries, regions and groups
- How to comply with KYC requirements during the COVID-19 pandemic
- Source of funds and source of wealth
- Exceptions to verifying a customer before providing a designated service
- Reliance on customer identification procedures by a third party
-
AML/CTF programs
- ML/TF risk assessment
- Implement a risk management process
- Compliance officers
- Independent reviews
- Employee due diligence
- Employee training: AML/CTF risk awareness training program
- Enhanced customer due diligence (ECDD)
- Transaction monitoring
- Designated business groups (DBG)
- Suspicious transactions identified by your transaction monitoring system
- Reporting
- Guidance on debanking
- Exemptions and modifications
- Record-keeping
- Industry contribution levy
- Consequences of not complying
- Guidance on outsourcing
- Preventing financial crime using a risk-based approach
- Data breaches and AML/CTF considerations
- AUSTRAC Online
- Legislation
- Service providers to reporting entities
- Consultation with industry
- Glossary
- Partners
- Individuals
- News and media
-
About us
- What we do
- Our people
-
AML/CTF Reform
- About the reforms
- What’s coming soon to help you
- Preparing for the changes if you’re newly regulated
- Preparing for the changes as a current reporting entity
- Check if you'll be regulated
- New industries and services to be regulated
- Education and guidance
- Summary of AML/CTF obligations for tranche 2 entities
- Why combat money laundering and terrorism financing?
- AUSTRAC regulatory expectations and priorities for 2025–26
- Future Law Compilation of the AML/CTF Act
- Risks and indicators of suspicious activity
- For current reporting entities
- Careers
-
Corporate information and governance
- Freedom of information
- AUSTRAC policies
- Corporate plan
- Annual reports
-
Reports and accountability
- AUSTRAC Audit and Risk Committee (ARC) Charter
- Statement of Expectations and Statement of Intent
- ACLEI corruption prevention report
- Budget
- Commonwealth Child Safe Framework - annual statement of compliance (2021)
- Contracts
- Gifts and benefits register
- Grants
- Report on the statutory review of the AML/CTF Act and associated Rules and Regulations
- Review of the AUSTRAC industry contribution levy arrangements
- Senate file list
- AUSTRAC Artificial Intelligence Transparency Statement