AUSTRAC Compliance Tracker

Track your ongoing compliance obligations as an AUSTRAC-registered remittance operator. Check off items as you complete them.

Compliance Progress

0 of 11 obligations tracked

Monthly

0 of 2 complete

Review transaction monitoring alerts

Review and action all transaction monitoring alerts generated during the month. Document outcomes and escalations.

End of each monthUp to A$31.3M per breach

Check AUSTRAC bulletins

Review latest AUSTRAC bulletins, guidance notes, and regulatory updates for any changes affecting your business.

End of each monthUp to A$31.3M per breach

Quarterly

0 of 2 complete

Update risk assessment

Review and update your ML/TF risk assessment to reflect changes in products, customers, delivery channels, and geographic exposure.

End of each quarterUp to A$31.3M per breach

Internal compliance review

Conduct internal review of AML/CTF program effectiveness. Test controls, review policies, and assess staff compliance.

End of each quarterUp to A$31.3M per breach

Annual

0 of 3 complete

Annual compliance report

Submit the annual compliance report to AUSTRAC covering the reporting period. Includes self-assessment of AML/CTF program.

Due 31 March each yearUp to A$31.3M per breach

AML/CTF program review

Comprehensive review of your AML/CTF program including Part A (customer identification) and Part B (reporting and record-keeping).

Within 12 months of last reviewUp to A$31.3M per breach

Staff training refresh

Deliver annual AML/CTF training to all relevant staff. Document attendance, content covered, and assessment results.

Within 12 months of last trainingUp to A$31.3M per breach

Event-driven

0 of 4 complete

SMR filing (terrorism-related)

File a Suspicious Matter Report for terrorism-related matters. Must be filed within 24 hours of forming the suspicion.

Within 24 hoursUp to A$31.3M per breach

SMR filing (other suspicious matters)

File a Suspicious Matter Report for non-terrorism suspicious matters. Must be filed within 3 business days.

Within 3 business daysUp to A$31.3M per breach

TTR filing (Threshold Transaction Report)

File a Threshold Transaction Report for physical currency transactions of A$10,000 or more within 10 business days.

Within 10 business daysUp to A$31.3M per breach

IFTI filing (International Funds Transfer)

File an International Funds Transfer Instruction report for all international transfers within 10 business days.

Within 10 business daysUp to A$31.3M per breach

Penalty Framework

Under the AML/CTF Act 2006, civil penalties for non-compliance can reach up to A$31.3 million per contravention for bodies corporate. Individual officers may also face personal liability. Criminal penalties may also apply for serious offences.

Want email reminders?

Sign up for our compliance newsletter and never miss a deadline. We send reminders before each AUSTRAC obligation due date, plus regulatory updates and industry news.