AML/CTF

From 1 July 2026, reforms to Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws will result in certain services being subject to new regulatory obligations.

The requirements

The new regulatory requirements will apply when our firm provides specific services to clients. This includes handling client money or assets.

Meeting these requirements is part of a national approach to mitigate money laundering in Australia, helping authorities to track and limit the flow of funds that support drug trafficking, human exploitation, financial fraud and terrorism.

If you require any of these services, checks may need to be completed before we can proceed.

What we may require

When commencing new assignments, we may ask you for information that will help us verify the client’s identity and, if relevant, the identity of anyone who controls or benefits from the client, such as trustees or directors. In some cases, you may also need to provide additional documents and allow us to complete identity verification of certain individuals.

Secure handling of your data

Any personal information collected as part of the AML/CTF requirements, including information relating to client representatives, directors, trustees, administrators or other individuals connected with your client entity, will be handled securely and access will be limited to those who need it for the purpose of meeting our AML/CTF obligations.