“Good job on finding this guide Robert! Those suspenders should be AUSTRAC-approved – because the way they keep things from slipping is exactly what this AML/CTF plan just did for us.”

On the 23 January, AUSTRAC sent a Starter Kit email, tailored for jewellers including a document library and steps to customise, implement, maintain, and review your setup.

The Three-Step AML/CTF Roadmap: 1) customise a starter kit (risk assessment, policies, documentation), 2) run the program (assign AML/CTF roles, manage customers and reporting), 3) maintain the program (test controls, periodic reviews, update for new risks).