How to test whether your AML/CTF controls are actually operating
A practical approach to identifying critical controls, testing whether they operate as intended and gathering evidence of effectiveness.
Using AUSTRAC's starter kit is not the same as implementing your AML/CTF program
AUSTRAC’s starter kit provides a useful foundation, but compliance depends on translating it into arrangements that reflect your business, risks, customers and day-to-day operations.
Real estate AML/CTF obligations are now live. What AUSTRAC expects next
Real estate businesses now need to move beyond preparation and demonstrate that their AML/CTF programs, customer due diligence processes and controls are operating effectively in practice.