AML/CTF Resources

AML/CTF Documents (Digital Currency Exchange)

Version 3.0 - Last updated: 16 Aug. 2023

Before providing a designated service, a business is required to have in place an Anti-Money Laundering and Counter-Terrorism Financing Program (AML/CTF Program).

Your AML/CTF Program and other associated documents must set out how you will comply with your obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) and Anti-Money Laundering and Counter-Terrorism Financing Rules 2007 (Cth).  This includes your AML/CTF-related processes, checks and procedures.

Do you know what your obligations are?

Do you comply?

Your AML/CTF Program must be based on your Money Laundering/Terrorism Financing (ML/TF) Risk Assessment, which assesses the risk that your business could be used for money laundering and/or terrorism financing, and sets out the controls that you have implemented to control this risk.  Your AML/CTF Program should include all of your AML/CTF-related processes, checks and procedures.

Amongst other things, your AML/CTF Program will need to include specific details in relation to:

  • how you will comply with your reporting obligations, (and the systems and controls to ensure compliance with those reporting obligations);
  • your business’ AML/CTF risk assessment;
  • your risk-based systems and controls to monitor customer transactions; and
  • the identification procedures which apply to your customers.

This template reflects the generic obligations of businesses providing digital currency exchange services, and must be tailored to reflect your business.

Included documents

Document Version Type Date
AML/CTF Program (Digital Currency Exchange) 3.0 Program 16 Aug. 2023
AML/CTF Annexure C (Digital Currency Exchange) 2.0 Tool 11 March 2022
AML/CTF Annexure D 2.0 Tool 11 March 2022
AML/CTF Risk Register (Digital Currency Exchange) 2.0 Register 11 March 2022
AML/CTF Risk Register User Instructions 1.0 Guide 25 Feb. 2021
AML/CTF Compliance Officer Report 1.0 Tool 1 March 2021
AML/CTF Reporting Obligations Mindmap 1.0 Mindmap 26 Nov. 2019
Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML CTF Act) – Overview of Obligations Mindmap 1.0 Mindmap 5 July 2018