RG 85
Reporting requirements for non-reporting entities
Issued 25 March 2022. This guide provides guidance on application of the reporting entity test and the reporting obligations for non-reporting entities.
In plain English
This guide explains reporting requirements for businesses that don't meet the definition of a reporting entity.
RG 85, issued by ASIC on 25 March 2022, clarifies how to determine if a business is a reporting entity. It outlines obligations for those that aren't. It applies to businesses and individuals. It helps understand anti-money laundering and counter-terrorism financing reporting.
Why it matters
Knowing if you're a reporting entity is crucial. Incorrectly classifying your business can lead to compliance issues. This guide helps you understand your obligations and avoid potential problems.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-85-reporting-requirements-for-non-reporting-entities/. Rules Mate indexes + summarises; always verify against the regulator's live publication.