AML toolkit

The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act consolidated to 23 May 2009) operates together with other legislation which has now been updated to include AML obligations:

• Financial Transaction Reports Act 1988
• Proceeds of Crime Act 2002
• Crimes Act 1914
• Criminal Code Act 1995 and the
• Privacy Act 1988

AML/CTF Rules

Regulatory Guide

The current rules are:

LATEST CONSOLIDATION

• Anti-Money Laundering and Counter-Terrorism Financing Rules 2006
  This Instrument contains AML/CTF Rules relating to the Register of Providers of Designated Remittance Services.
• Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007(No. 1)
  This Instrument contains the majority of the registered AML/CTF Rules. The current compilation comprises matters including AML/CTF compliance reports (reporting and lodgment periods), monetary thresholds for certain designated services in tables 1 and 3.
• Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No. 2)
  This Instrument contains AML/CTF Rules relating to paragraph (e) of the definition of 'correspondent banking relationship' in section 5 of the AML/CTF Act.
• Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment Instrument 2007 (No. 4)
  This Instrument amends Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No. 1) and contains AML/CTF Rules relating to ongoing customer due diligence, international funds transfer instruction reportable details, suspicious matter reportable details.
• Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment Instrument 2007 (No. 5)
  This Instrument amends Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No. 1) and contains AML/CTF Rules for threshold transaction reportable details.
• Chapters 17,18,19 informal compilation (rules commencing on 12 December 2008 and after)

Penalty Policy Principles

Compliance reporting date rules

Self assessment questionnaire

AML archives

Updated 23 September 2008