Receiving a Section 167 Notice from AUSTRAC
October 30, 2026
AUSTRAC has issued notices to newly regulated firms such as real estate agents, law firms, accountants, conveyancers, insolvency practitioners, jewellers and businesses that provide professional services. These are entities that may be providing designated services under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) (“AML/CTF Act“) but have failed to enrol as a reporting entity. Recipients of these notices require entities to provide information to assist AUSTRAC to understand whether they provide designated services and if so, are required to meet the obligations under the AML/CTF Act. What is a Section 167 Notice? Section 167 of the AML/CTF Act provides AUSTRAC with
