AML/CTF Course
Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Training Course
Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) regime is a critical component in Australia’s defence against money laundering and organised crime.
To effectively protect Australia’s economy and its participants, including Australia’s global counterparts, the Australian Government and AUSTRAC seek to ensure we have a robust and rigorous regime in place that is hostile to money laundering, financing of terrorism, major crime, and tax evasion.
The current AML/CTF regime in Australia provides a comprehensive legal framework designed to counter money laundering (ML) and terrorism financing (TF), and so contribute to a safer and more secure Australia.
About our AML/CTF course
A comprehensive course to understand the AML/CTF in Australia.
Our AML/CTF course provides a comprehensive examination of the AML/CTF regulatory regime – from law fundamentals to AUSTRAC’s approach to enforcement, threats, vulnerabilities and mitigants by sector, guidance on preparing and implementing an AML/CTF Program, customer due diligence (KYC), and reporting and record-keeping.
Comply with your risk awareness training obligations
As required under risk awareness training requirements in the AML/CTF Rules, our AML/CTF course covers:
- Obligations under the AML/CTF Act and Rules
- Consequences of non-compliance with the AML/CTF Act and Rules
- The types of ML/TF risk the business might face and the consequences of such risk (by sector), and
- AML/CTF processes and procedures that employees must carry out (general information).
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).
Our training solutions are designed to support all levels of expertise within your organisation. Explore our three tiers of training covering AML/CTF.
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
- Professional services firms
- New entrants interested in understanding AML Compliance.
What are the Designated Services under the AML/CTF ACT?
- 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
- Introduction to the AML/CTF Act
- AUSTRAC regulatory guidance and enforcement
- Conducting the risk assessment
- Know your client – Customer due diligence procedures
- Understanding your AML/CTF reporting obligations
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?
Units of Competency

Pre-requisite
None
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.