AUSTRAC has issued a letter to the online payment platforms sector, warning businesses to tighten their controls to prevent payments for
Your anti-money laundering and counter-terrorism financing (AML/CTF) policies must ensure that independent evaluations are conducted of y
Reporting entities must keep records to comply with their anti-money laundering and counter-terrorism financing (AML/CTF) obligations. Record keeping involves creating full and accurate records along with securely storing and managing them.
This checklist promotes good record-keeping practice and supports reporting entities in meeting their AML/CTF obligations. This is a guide and not an exhaustive list.
Learn about the record keeping responsibilities of authorised deposit-taking institutions (ADI). This includes both the transferor and transferee.
Learn about the obligations and record keeping requirements for financial institutions entering into a correspondent banking relationship.
Learn how to use the AUSTRAC Online system through short videos that guide you through key features and tasks.