Guidance
AML/CTF Program — Part A + Part B requirements
Risk-based AML/CTF program structure + content expectations.
In plain English
This guidance explains how to build and maintain an Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) program.
This guidance applies to businesses and organisations required to comply with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. It outlines the requirements for a risk-based AML/CTF program, including customer due diligence, record keeping, and reporting suspicious matters. Austrac provides this guidance to help businesses meet their obligations. The guidance was last revised in December 2023.
Why it matters
Having a robust AML/CTF program helps protect your business from financial crime. It demonstrates a commitment to compliance and reduces the risk of reputational damage and regulatory scrutiny. This is a legal obligation for many businesses.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
AUSTRAC →Topics
Source: https://www.austrac.gov.au/business/how-comply-and-report-guidance-and-resources/amlctf-programs. Rules Mate indexes + summarises; always verify against the regulator's live publication.