Discover Australia's AML/CTF Rules and key compliance requirements under the AML/CTF Act. Stay updated on regulations to safeguard your business against financial crime.

The Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) rules in Australia require businesses to implement measures that prevent money laundering and terrorism financing. This includes customer due diligence, record-keeping, and reporting suspicious activities. Financial institutions and other regulated businesses must adhere to these rules under the oversight of AUSTRAC. The aim is to detect and prevent illicit financial activities and align with international standards to maintain financial system integrity.