Overview of AML and CTF in Australia
AML/CTF in Australia offers insights into how Australia’s AML/CTF framework aligns with international standards, and who the main regulators are.
After introducing AUSTRAC and the laws it administers, we outline the key obligations regulated entities must meet.
Program Content
Learning Outcomes
What you will learn
- What money laundering and terrorism financing are
- Why and how criminals launder money and the economic and social consequences of those actions
- The international AML/CTF standards Australia has subscribed to and the structure Australia has adopted to align its regulatory framework with those standards
- What the AML/CTF Rules are and how AUSTRAC uses the Rules and other regulatory guidance to promote compliance with AML/CTF laws.
Who is this course for?
Units of Competency
Pre-requisite
Recognition of Prior Learning
Certification
You will be awarded a Certificate of Completion. It will be available online for you to download and print immediately.
