AUSTRAC has released four anti-money laundering and counter-terrorism financing (AML/CTF) e-learning modules. The modules are designed for new reporting entities or those wanting to refresh their understanding of AML/CTF regulation and their compliance obligations.

The modules are:

1. Introduction to financial crime – Learn about financial crime and AML/CTF.
2. Money laundering and terrorism financing (ML/TF) risk assessments and AML/CTF programs – Learn about conducting an ML/TF risk assessment and preparing an AML/CTF program.
3. Roles, governance and employee due diligence – Learn about good governance, employee due diligence and training, and the role of compliance officers.
4. Customer identification, monitoring and reporting – Learn about ‘know your customer’ procedures, ongoing customer due diligence and transaction reporting.

They are self-paced and each take around 20-25 minutes to complete. AUSTRAC recommends accessing the modules from a desktop computer for the best user experience.

These modules do not replace the AML/CTF risk awareness training that you are required to provide to your staff. However, you can use them to help meet this requirement.

These modules form part of AUSTRAC’s ongoing commitment to provide meaningful guidance and outreach activities across the broad span of reporting entities we regulate.

To access these modules, please visit the e-learning resource page.