AML/CTF Course

A comprehensive course to understand the AML/CTF in Australia

Our online AML/CTF Course provides comprehensive coverage of AUSTRAC, ML/TF risk management, customer due diligence, reporting and record keeping requirements under the AML/CTF Act or the FTR Act.

Comply with obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) or the Financial Transaction Reports Act 1988 (FTR Act).

AML law seeks to provide an effective legal framework designed to counter money laundering (ML) and terrorism financing (TF), and so contribute to a safer and more secure Australia. AUSTRAC’s vision is a financial system free from criminal abuse. Its purpose is to build resilience in the financial system and use financial intelligence and regulation to disrupt money laundering, terrorism financing, and other serious crime.

Regulated Sectors

  • Banking and other financial institutions
  • Bookmakers and betting agencies
  • Bullion dealers
  • Casinos, pubs and clubs
  • Digital currency (cryptocurrency) exchange providers and money transfer businesses
  • Financial services providers, including financial advice, insurance and superannuation funds
  • Motor vehicle dealers
  • Non-profit organisations, including member associations
  • Solicitors

Program Content

Learning Outcomes

What you will learn

  • The current AML/CTF Act and regulations applicable in Australia
  • AUSTRAC’s regulatory guidance & enforcement and how it exercises its initiatives and powers
  • How to identify vulnerabilities and their impacts on sectors regulated by AUSTRAC
  • Effective ways to conduct a risk assessment and develop a compliant AML/CTF program
  • What ‘know you client’ – customer due diligence procedures your organisation needs to comply with
  • How to implement AML/CTF reporting obligations within your organisation.

Who is this course for?

  • Risk and compliance leaders that have oversight of AML/CTF obligations
  • Specialist AML or Financial Crime teams
  • AML/CTF advisers
  • Compliance consultants and auditors and
  • Professional services firms.

Units of Competency

Pre-requisite

Recognition of Prior Learning

Certification

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

Discover our AML/CTF Course

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Frequently Asked Questions

What others say about us

Parallels real workplace experience.

We have been using FEP for a number of years now. The course materials are highly professional and parallels real workplace experience. Staff greatly value participating in meaningful external training and are the greatest advocates.

Efficient, informative and accessible.

The content is well set out, clear and precise. My organisation does the course every year and we are continuing to learn new and interesting things with each new offering. The content is up to date with the industry and completely relevant to my role. I had all the support and learning resources available to get it done…

Extremely relevant and meaningful.

Our firm exclusively uses the services of Financial Education Professionals for all of our ongoing RG146, compliance and responsible manager training for our team. We find course materials extremely relevant and meaningful and this allows our team to have up to date, practical knowledge.

Peter McGuire, CEO, XM