Overview: AML/CTF for Accountants

Modified on Tue, 11 Aug at 11:37 AM

Overview


ClientRelay’s AML/CTF for Accountants guide provides an overview of the upcoming Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) requirements and what the Tranche 2 reforms mean for accounting professionals. 


This guide outlines the key compliance steps accountants need to understand, including:


  1. AUSTRAC Enrolment — Step-by-Step Guide 
    Learn how to complete your AUSTRAC enrolment process and prepare your business for AML/CTF obligations.
  2. AML/CTF Program Starter Kit (Part A & Part B) 
    Understand the key components of an AML/CTF Program, including ML/TF Risk Assessment and Governance and Customer Due Diligence Policies and Procedures.


Use this guide as a starting point to understand your responsibilities and the resources available to help your practice establish an effective AML/CTF and KYC compliance framework.


This video demonstrates a set of KYC AML flows: 


Click here on how to set-up KYC/AML 

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article