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AML/CTF Compliance Checklist

A printable, step-by-step checklist covering every AUSTRAC obligation for Tranche 2 businesses. Built from official AUSTRAC guidance.

  • 7 compliance areas with actionable items
  • Key dates and deadlines
  • Covers accountants, lawyers, real estate, jewellers, conveyancers
  • Based on AUSTRAC's official starter kits

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What's in the checklist

AUSTRAC Registration

  • Enrolment
  • Designated services
  • Compliance officer

AML/CTF Program (Part A–F)

  • Risk assessment
  • CDD procedures
  • Monitoring
  • Reporting

Customer Due Diligence

  • ID verification
  • Beneficial owners
  • Risk ratings
  • PEP/sanctions screening

Reporting Obligations

  • SMR (24hrs–3 days)
  • TTR ($10K+ cash)
  • Annual compliance report

Staff Training

  • AML/CTF modules
  • Red flag awareness
  • Annual refresher

Ongoing Compliance

  • Annual program review
  • Record keeping (7 years)
  • Independent evaluation

This checklist is based on AUSTRAC's publicly available guidance. It does not constitute legal or compliance advice.