AML/CTF Rules amended

On 28 June 2007 the Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment Instrument 2007 (No. 1) was registered, adding an eleventh chapter setting out the reporting and lodgment periods for compliance reports.

The first reporting period begins on 13 December 2006 and ends on 31 December 2007. The report must be lodged within 3 months of the end of the reporting period.