Any offence, committed in Australia or overseas, where the punishment under Australian law would be 2 or more years in prison.
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Business
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Core guidance
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Customer identification and verification
- Customer identification (KYC)
- Beneficial owners
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- 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
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AML/CTF programs
- ML/TF risk assessment
- Implement a risk management process
- Compliance officers
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- Employee training: AML/CTF risk awareness training program
- Enhanced customer due diligence (ECDD)
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- Suspicious transactions identified by your transaction monitoring system
- Reporting
- Guidance on debanking
- Exemptions and modifications
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- Consequences of not complying
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- Preventing financial crime using a risk-based approach
- Data breaches and AML/CTF considerations
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AUSTRAC Online
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AUSTRAC Online User Guides
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AUSTRAC Online quick reference guides (QRG)
- QRG: Manage contacts and users
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- QRG: How to request removal from the registers
- QRG: How to request removal from the Reporting Entities Roll
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About us
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AML/CTF Reform
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- Check if you may be regulated (Reform)
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Reforms guidance
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Before you start
- Check if you'll be regulated
- New industries and services to be regulated (Reform)
- Combating money laundering, terrorism financing and proliferation financing
- Learn how to use this guidance (Reform)
- Summary of AML/CTF obligations for tranche 2 entities
- Summary of changes for current reporting entities
- Find out when to enrol and register (Reform)
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AML/CTF program (Reform)
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Develop your AML/CTF program (Reform)
- Your AML/CTF program (Reform)
- Step 1: Establish your governance framework (Reform)
- Step 2: Identify and assess your risks: risk assessment (Reform)
- Step 3: Mitigate and manage your risks - AML/CTF policies (Reform)
- Step 4: Review and update your AML/CTF program (Reform)
- Step 5: Conduct an independent evaluation (Reform)
- Record keeping (Reform)
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Customer due diligence (Reform)
- Overview of customer due diligence (Reform)
- Initial customer due diligence (Reform)
- Assigning customer risk ratings (Reform)
- Reliance on customer identification by a third party (Reform)
- Enhanced customer due diligence (Reform)
- Ongoing customer due diligence (Reform)
- Politically exposed persons (Reform)
- Persons designated for targeted financial sanctions (Reform)
- Source of funds and source of wealth (Reform)
- Transitioning existing customers (Reform)
- Personnel due diligence and training (Reform)
- Reporting to AUSTRAC (Reform)
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Develop your AML/CTF program (Reform)
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Other guidance
- Determining ownership and control structures (Reform)
- Reporting groups (Reform)
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The travel rule (Reform)
- When the travel rule doesn’t apply (Reform)
- Travel rule overview (Reform)
- Travel rule obligations for ordering institutions (Reform)
- Travel rule obligations for intermediary institutions (Reform)
- Travel rule obligations for beneficiary institutions (Reform)
- Additional travel rule obligations when transferring virtual assets (Reform)
- Foreign branches and subsidiaries (Reform)
- Using outsourcing to help meet your AML/CTF obligations (Reform)
- Repeal of the Financial Transaction Reports Act 1988
- New information gathering powers
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Before you start
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Risks and indicators of suspicious activity
- Risk insights for virtual asset service providers
- Risk insights and indicators of suspicious activity for accountants
- Risk insights and indicators of suspicious activity for legal professionals
- Risk insights and indicators of suspicious activity for the real estate sector
- Risk insights and indicators of suspicious activity for dealers in precious stones, metals and other products
- What’s coming soon to help you
- Preparing for the changes as a current reporting entity
- Preparing for the changes if you’re newly regulated
- AUSTRAC regulatory expectations and priorities for 2025–26
- Future Law Compilation of the AML/CTF Act
- Education about reforms
- For current reporting entities
- New AML/CTF Rules
- Careers
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Corporate information and governance
- Freedom of information
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- Annual reports
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Reports and accountability
- AUSTRAC Audit and Risk Committee (ARC) Charter
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- 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