Professional reference
Source character: Guidance
Australia; official guidance on transition to the reformed AML/CTF regime. Relevant: continued use of applicable customer identification procedures for initial CDD by eligible existing reporting entities, subject to conditions, until 30 March 2029. This does not generally postpone ongoing CDD requirements from 31 March 2026. Distinguish existing reporting entities from newly regulated businesses. The underlying Transitional Rules are separate binding legislation. Checked 6 November 2026.
Authors: Australian Transaction Reports and Analysis Centre (AUSTRAC)
Year: 2026
Publication: AUSTRAC; updates to AML/CTF legislation
DOI/URL: https://www.austrac.gov.au/about-us/legislation/updates-legislation/amlctf-transitional-rules-2026
Citation:
Australian Transaction Reports and Analysis Centre. (2026). AML/CTF transitional rules 2026. AUSTRAC. Accessed 6 November 2026.