The intergovernmental body that sets international anti-money-laundering, counter-terrorism-financing, and counter-proliferation-financing standards — known as the FATF Recommendations. Australia is a FATF member; AUSTRAC's guidance, the AML/CTF Act 2006, and the AML/CTF Rules 2025 all align with the Recommendations. FATF mutual-evaluation reports of Australia identify weaknesses that subsequently appear as Australian reform priorities (the 2024 Amendment Act drew on the 2015 mutual evaluation).
This term sits in the cross-cutting section of the working glossary — concepts that recur across multiple regulatory domains rather than belonging to one statute.
The Australian Transaction Reports and Analysis Centre — Australia's anti-money-laundering and counter-terrori…
A person or organisation that provides a designated service under the AML/CTF Act 2006 and is therefore subjec…
The statutory threshold that triggers an SMR. Lower than 'belief' and higher than 'mere conjecture'. The test …
A phrase recurring across NSW liquor and gaming compliance — intoxication, minors, self-exclusion. What courts…
The 2024 amendment to the AML/CTF Act 2006. Operative 31 March 2026. Restructures the AML/CTF program (a singl…
The role responsible for the venue's overall regulatory posture — distinct from the AMLCO (which is specifical…