The Anti-Money Laundering and Counter-Terrorism Financing Act (2006) (“AML/CTF“) and AML/CTF Rules (2025) create a risk-based framework that sets out the obligations for all reporting entities to assist in the deterrence, detection and disruption of money laundering and terrorism financing.
The obligations under the AML/CTF Act and AML/CTF Rules are mandatory for a wide range of financial services organisations, including financial institutions; banks; non-bank lenders; building societies; credit unions; superannuation funds; and the gambling sector.
In 2026, the AML/CTF Act and AML/CTF Rules and the various obligations will extend to Tranche 2 entities, including lawyers, accountants, real estate professionals, precious metal and stone dealers and providers of trust/company services.
Here at Sophie Grace, we have demonstrated legal and compliance experience with the AML/CTF obligations applicable in Australia. With skills in risk identification and compliance framework design, Sophie Grace can assist entities to develop procedures that are effective and efficient.
We have included a variety of resources below to provide you with the information required to equip you with confidence when complying with your businesses AML/CTF obligations.
Sophie Grace can work with you to implement a compliance framework which complies with the AML/CTF Act and AML/CTF Rules. Contact us for further information on your AML/CTF obligations.
Sophie Grace can provide you with an AML/CTF Program and can assist you to tailor it to your business’ needs. We have three different options available to suit your business and finance needs.
You can purchase template documents from our online shop. The template is an instant download and includes prompts to help you tailor the document yourself. We have template documents for:
Sign up to the Compliance Portal and receive the template AML/CTF Program Package, and obtain access to updated documents in light of any updates we make as new guidance or amended legislation is released. Choose between:
Sophie Grace can assist you to prepare the AML/CTF Program package based on your business’ specific requirements. Contact us to discuss further.
Find everything you need in relation to the AML/CTF Reforms
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