AML/CTF: What you need to do if you provide a Designated Service

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AUSTRAC resources

Governance quick guide for sole/small businesses AML/CTF roles form Assign responsibilities form Compliance officer due diligence form When compliance officer is governing body form Annual report to governance body reporting template

Training opportunity

Seminar | Online

Thursday 16 July

AML/CTF: The AUSTRAC enrolment process

LIV resources

AML Action Plan: AUSTRAC enrolment made simple

AUSTRAC resources

Where to enrol Enrolment guidance

LIV Resources

How do I develop an AML/CTF Compliance Program? AML/CTF Technology Platform Checklist

AUSTRAC Resources

AUSTRAC starter kit for small practices and sole practitioners Risk assessment template Policy document template Process document template Risk indicators for legal professionals Money laundering typologies quick reference Program maintenance form

AUSTRAC resources

Personnel due diligence form Guidance on training obligations Guidance on personnel due diligence and training

Training opportunities

Certification | Online

Self-paced course

AML General Awareness for Law Professionals course

LIV resources

Client KYC lifecycle flowchart Levels of customer due diligence to apply A guide for clients: New AML/CTF laws AML/CTF Email Footer for firms

LIV resources – Examples of client risk factors by Designated Services

Acting as a nominee shareholder Acting as office holder for a trust or body corporate Body corporate or legal arrangement transaction Creation of body corporate or legal arrangement Financing for body corporate or legal arrangement Managing money and assets Providing business address for body corporate or legal arrangement Real estate transactions Sale or transfer of a shelf company

AUSTRAC resources

Customer identification: Know your customer (KYC) Customer identification and verification

Tools

Software

Free trial

APLYiD AML verification and onboarding compliance software

LIV and LCA resources

Suspicious matter report flowchart AML/CTF red flags list for legal practitioners

AUSTRAC resources

Guidance on suspicious matter report Guidance on tipping-off Escalation form Escalation register Guidance on legal professional privilege

AUSTRAC resources

Record keeping guidance Reporting guidance

AUSTRAC resources

Independent evaluation guidance Independent evaluation response template

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