AUSTRALIA HUBAML/CTF

AUSTRAC

Australian Transaction Reports & Analysis Centre

AML/CTF Act · Tranche 2 · SMR/TTR

Who it applies to

Banks, remitters, casinos, digital currency exchanges — and from 2026, lawyers, accountants and real-estate agents.

Key instruments

  • 01AML/CTF Program — Part A (ML/TF risk) and Part B (KYC)
  • 02Suspicious Matter Reports — 24 hours (terrorism) / 3 business days
  • 03Threshold Transaction Reports — $10,000+ within 10 business days
  • 04Tranche 2 reforms — designated services expansion from 1 Jul 2026

Compliance calendar

  • Tranche 2 enrolment — from Mar 2026
  • Tranche 2 obligations commence — 1 Jul 2026

Penalty framework

Civil penalties up to $33m per contravention; historic actions exceeded $1.3bn.

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