by Catherine Evans | Dec 10, 2025 | AFSL, AML, KitLegal
Step 1 (now) Work out if you will be regulated by AUSTRAC. If you do any of these things you will be: New Designated Services Step 2 (now) Consider your business structure. If you have only one entity providing designated services, that’s simple. That’s the entity...
by Catherine Evans | Nov 19, 2025 | AML
As AUSTRAC’s reforms reshape the AML/CTF landscape, many reporting entities – and newly regulated professions – are turning their minds to the support they will need to transition to the new regime. One of the most significant uplift tasks for financial...
by Catherine Evans | Nov 19, 2025 | AML, Uncategorized
As AUSTRAC’s reforms take shape, both newly regulated professions and long-standing reporting entities need to revisit their approach to customer due diligence (CDD). For lawyers and accountants, CDD will be entirely new. For financial advisers and wholesale fund...
by Catherine Evans | Nov 19, 2025 | AML
With AUSTRAC’s reform package now gathering pace, both existing reporting entities and newly regulated professions need to start preparing for transition to the new AML/CTF framework. AUSTRAC has made it clear that businesses must take a proactive approach to...
by Catherine Evans | Nov 19, 2025 | AML
AUSTRAC has released detailed guidance on the upcoming AML/CTF reforms, which introduce a significantly expanded, more risk-focused and outcomes-based regime. These reforms affect both existing reporting entities and a wide cohort of newly regulated professions...
