About this book
From 1 July 2026, Australia's AML/CTF reforms bring real estate agents, buyer's agents, accountants, lawyers, conveyancers, jewellers, dealers in precious metals and stones, and trust and company service providers inside the same AUSTRAC regime that has applied to banks for two decades. If your business provides a designated service under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, you are now an AUSTRAC reporting entity, regardless of size.
This is a practical, plain-English AML/CTF compliance guide for small and independent businesses, sole practitioners, and lean teams with no in-house compliance department and no six-figure consulting budget.
What you will learn
Are you a reporting entity?
How to determine whether your business provides a designated service under the AML/CTF Act and current AML/CTF Rules.
Enrol and appoint
Enrol with AUSTRAC and appoint a fit-and-proper AML/CTF compliance officer.
Risk assessment and program
Build a proportionate ML/TF risk assessment and AML/CTF program sized to your actual business.
Due diligence
Customer due diligence, enhanced due diligence and beneficial ownership checks on companies, trusts and partnerships.
Reporting and records
Red flags, suspicious matter and threshold transaction report deadlines, tipping-off offences, record-keeping and privacy.
Implementation plan
A working 24-hour, 7-day, 30-day and 90-day AML/CTF implementation plan.
Six sectors, one practical roadmap
The book applies the rules to real estate and property transactions, accounting and bookkeeping, legal services and conveyancing, jewellers and precious metals, and trust and company formation.
Frequently asked questions
Who is this guide for?
Small and independent businesses, sole practitioners and lean teams with no in-house compliance department.
Which sectors does it cover?
Real estate and property transactions, accounting and bookkeeping, legal services and conveyancing, jewellers and dealers in precious metals and stones, and trust and company service providers.
What format is the book available in?
Kindle eBook on Amazon.
Get the book
Get a practical roadmap to AML/CTF compliance. Kindle eBook available on Amazon.
Buy on Amazon — $12.90