Overview of AML/CTF In Australia

Overview of AML/CTF In Australia

The economic and social consequences of money laundering and terrorism financing are extremely large, with many countries, including Australia, devoting considerable resources to combating them.

Whether your organisation has ML/TF exposures or is a customer of an organisation that does, this course offers insights into related risks and know your customer obligations that you or others you deal with need to monitor and comply with.

We offer three tiers of training covering AML/CTF. Learn More.

About our Overview of AML/CTF In Australia course

Our Overview of AML/CTF course covers:

  • AML/CTF concepts: What money laundering and terrorism financing are, and the associated activities that motivate or facilitate them.
  • About AUSTRAC: AUSTRAC as Australia’s anti-money laundering and counter-terrorism financing regulator and specialist financial intelligence unit, Australia’s cooperation in international AML/CTF initiatives, FATF Recommendations.
  • AML/CTF law refresher: Overview of the AML/CTF Act and AML/CTF Rules, what is a ‘designated service’, designated services regulated under the AML/CTF regime such as financial services, bullion, gambling, remittance services, and digital currency exchanges, what is a ‘reporting entity’, and
  • AML/CTF compliance: Overview of counter measures against money laundering, AML/CTF Programs, ML/TF risk assessment and controls, AML/CTF program oversight and management, AML/CTF risk awareness training programs for employees, initial, enhanced, and ongoing customer due diligence, AUSTRAC’s enforcement powers and supervisory approach, case studies.

Who is this course for?

  • Frontline teams and advisers required to comply with AML/CTF regulatory requirements
  • Essential professional development for specialist AML/Financial Crime teams and AML/CTF advisers
  • Refresher training for compliance consultants, auditors, and professional services firms

Program Content

  • AML/CTF concepts
  • About AUSTRAC
  • AML/CTF law refresher
  • AML/CTF compliance

Learning Outcomes

What you will learn

  • AML/CTF Act and Rules applicable in Australia from 31 March 2026
  • AUSTRAC’s strategic priorities and supervisory approach, including analysis of recent enforcement activity
  • Overview of designated services regulated under the AML/CTF regime
  • Overview of counter measures against money laundering
  • ML/TF risk assessment and controls
  • AML/CTF program oversight and management

Who is this course for?

Units of Competency

Pre-requisite

None

Recognition of Prior Learning

Certification

On successful completion, participants will be awarded a Certificate of Completion stating topic details and CPD points earnt, including applicable knowledge area/s.

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Frequently Asked Questions

The AML/CTF Act is part of a legislative package which brings Australia into line with international best practice to deter money laundering and terrorism financing. Australia’s AML/CTF regime comprises the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (the AML/CTF Act) and the Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No.1). If you have questions about financial services regulation and what training is needed to satisfy requirements, information can be found in

AUSTRAC is Australia’s anti-money laundering and counter-terrorism financing regulator and specialist financial intelligence unit. It is an Australian Government agency with a mandate specified in the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth.)

Yes, This program is offered by self study via our online learning portal, FEP Online. It provides you with online learning resources, online assessment and insightful tracking and reporting.

You can enrol anytime. Once enrolled, you have 8 weeks to complete the program.

On successful completion, participants will be awarded a Certificate of Attainment confirming that they have successfully completed The AML/CTF Program.

To get started, either
  • Purchase your course online. (If checking out for your team, you can add multiple courses to the cart.) OR
  • Contact Us to arrange an invoice
Please note: Online orders may take up to 1 business day to be processed and for you to receive your course login details.  
What will I learn in this workshop?2026-07-15T18:59:10+10:00

The workshop combines regulatory updates with practical compliance guidance, helping Responsible Managers better understand their obligations and strengthen their governance framework.

Topics include:

Credit regulation and licensing

Understand the current regulatory framework governing Australian Credit Licensees and ASIC’s expectations of Responsible Managers.

The role and responsibilities of a Responsible Manager

Explore what ASIC expects Responsible Managers to do in practice and how to effectively discharge your responsibilities.

Regulatory priorities

Understand the emerging issues and compliance risks currently attracting regulatory attention.

Recent ASIC regulatory outcomes

Review recent enforcement actions and regulatory outcomes with a focus on the role Responsible Managers played – and the lessons every licensee should learn.

Accountability and governance

Strengthen your oversight, governance and compliance framework through practical examples and proven approaches.

Managing your ongoing obligations

Learn practical tips for staying across your obligations, maintaining effective records and meeting your reporting responsibilities.

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.