AML/CTF resources
Curated links to official guidance, legislation, sanctions lists, and professional body resources for Tranche 2 compliance.
AUSTRAC — official guidance
Primary source for all AML/CTF obligations. AUSTRAC publishes guidance notes, industry-specific advice, and the AUSTRAC Online portal where you enrol and submit reports.
AUSTRAC website
↗The official regulator. Start here for enrolment, guidance notes, and enforcement news.
AUSTRAC Online portal
↗Where you enrol as a reporting entity and file suspicious matter reports, threshold transaction reports, and IFTIs.
AUSTRAC Tranche 2 hub
↗AUSTRAC's dedicated page for the 2024 reforms — includes profession-specific guidance, FAQs, and the reform timeline.
AUSTRAC guidance on AML/CTF programs
↗Official guidance on what your AML/CTF program must cover and how to structure it.
AUSTRAC guidance on customer due diligence
↗Step-by-step guidance on KYC obligations, identification procedures, and ongoing monitoring.
AUSTRAC guidance on suspicious matter reporting
↗When and how to file an SMR, including what triggers the obligation and the 24-hour vs 3-day deadlines.
Legislation
The primary and amending Acts that create the legal obligations. Read alongside AUSTRAC's guidance notes for practical interpretation.
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
↗The principal AML/CTF legislation. Defines designated services, reporting obligations, and AUSTRAC's enforcement powers.
Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024
↗The 2024 amending Act that extends obligations to Tranche 2 professions from 1 July 2026.
AML/CTF Rules
↗Detailed rules made under the Act. Contains the technical requirements for CDD, record keeping, and program content.
Sanctions
Australia applies both UN Security Council sanctions and its own autonomous sanctions. You must screen against both lists.
DFAT sanctions list
↗Australia's autonomous sanctions administered by the Department of Foreign Affairs and Trade. Updated frequently — bookmark and check regularly.
UN Security Council consolidated sanctions list
↗The UN's master list of sanctioned individuals, entities, and groups. Required screening for all Australian reporting entities.
International standards
Australia's AML/CTF laws are designed to meet FATF standards. Understanding FATF recommendations helps explain why specific obligations exist.
FATF 40 Recommendations
↗The international AML/CTF standards that Australia must comply with as a FATF member. The Tranche 2 reforms directly address FATF's criticism of Australia's DNFBPs gap.
Australia's FATF mutual evaluation report
↗The 2015 report that identified Australia's DNFBPs gap and drove the Tranche 2 reforms. Useful background if you want to understand the political context.
Professional body guidance
Several professional bodies have published AML/CTF guidance tailored to their members. Check your own body's resources in addition to AUSTRAC's.
Law Council of Australia — AML/CTF resources
↗The Law Council has been actively involved in Tranche 2 consultations and publishes guidance for solicitors on their obligations.
CPA Australia — AML/CTF resources
↗CPA Australia has published member guidance on Tranche 2 obligations for accountants, including program templates and FAQs.
Chartered Accountants Australia and New Zealand
↗CA ANZ has produced guidance for members on AML/CTF compliance obligations and program development.
Real Estate Institute of Australia
↗REIA and its state bodies have published guidance for agents on AUSTRAC enrolment, CDD requirements, and AML/CTF program development.
Mortgage & Finance Association of Australia
↗MFAA guidance for mortgage brokers on Tranche 2 obligations, including which broker activities are designated services.
Free tools on this site
Resources we've built to help you navigate your obligations without needing to read the legislation.