E-learning
E-learning modules are available to support you to understand and comply with your anti-money laundering and counter-terrorism financing (AML/CTF) obligations.
For the best user experience, access the modules on a desktop device.
Module topics
- Introduction to financial crime
- ML/TF risk assessments and AML/CTF programs
- Roles, governance and employee due diligence
- Customer identification, monitoring and reporting
- Applicable customer identification procedures
- Beneficial owners and politically exposed persons
- Enhanced Customer Due Diligence (ECDD)
- Suspicious Matter Reporting (SMRs)
- Quality reporting: Suspicious Matter Reports (SMRs)
- Quality reporting: Threshold Transaction Reports (TTRs)
About the modules
Modules 1 to 4 are relevant to businesses new to AML/CTF or seeking to build understanding of their core AML/CTF obligations.
Modules 5 and 6 are relevant to businesses that conduct applicable customer identification processes (ACIP) for non-individual customers, or have customers that require beneficial owner or politically exposed person (PEP) checks.
Modules 7 to 9 are relevant to all businesses regulated by AUSTRAC.
The modules are self-paced and each takes around 20-25 minutes to complete.
The modules do not replace your AML/CTF risk awareness training, but can be used as a resource to contribute to fulfilling this requirement.
Module 10 is relevant to businesses that provide a designated service involving the transfer of physical cash of A$10,000 or more (or foreign currency equivalent).
Disclaimer
These e-learning modules are provided by AUSTRAC for educational purposes only and do not constitute legal advice. The information in these modules should be read together with, and not as a substitute for the AML/CTF Act and Rules.
AUSTRAC does not guarantee, and accepts no legal liability whatsoever arising from, or connected to, the use of any material contained in the e-learning modules or on any linked site.
For more information, read our disclaimer.
This guidance sets out how we interpret the Act, along with associated Rules and regulations. Australian courts are ultimately responsible for interpreting these laws and determining if any provisions of these laws are contravened.
The examples and scenarios in this guidance are meant to help explain our interpretation of these laws. They’re not exhaustive or meant to cover every possible scenario.
This guidance provides general information and isn't a substitute for legal advice. This guidance avoids legal language wherever possible and it might include generalisations about the application of the law. Some provisions of the law referred to have exceptions or important qualifications. In most cases your particular circumstances must be taken into account when determining how the law applies to you.