Australian Anti Money Laundering and Counter Terrorism Financing Act 2006
The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) is the main piece of Australian government legislation that regulates AUSTRAC functions. If you provide one or more designated services as prescribed in the AML/CTF Act, you must enroll with AUSTRAC and comply with the obligations set out in the AML/CTF Act. You must also register with AUSTRAC if the designated service you provide includes remittance service or digital currency exchange service:
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