AML CTF Compliance Essentials Australia

Financial crime risks are evolving, and Australian businesses must stay prepared for stronger Anti-Money Laundering...

4.9(10)
525
2-5 Hours
24
Intermediate

About This Course

Financial crime risks are evolving, and Australian businesses must stay prepared for stronger Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) obligations. The AML/CTF Compliance Essentials Australia course provides practical knowledge to help professionals understand AML/CTF requirements, identify financial crime risks, and implement effective compliance practices.

This online training covers key areas including customer due diligence (CDD), enhanced due diligence (EDD), beneficial ownership verification, risk assessments, suspicious matter reporting, record-keeping, and AML/CTF compliance programs. Participants will learn how to recognise money laundering and terrorism financing risks while supporting stronger governance and regulatory compliance.

Designed for professionals across industries such as real estate, legal, accounting, financial services, conveyancing, and other regulated sectors, this course delivers practical workplace knowledge to help organisations meet their AML/CTF responsibilities with confidence.

By completing this course, learners will gain the skills to strengthen financial crime prevention strategies, improve compliance awareness, and contribute to a safer and more accountable business environment.

What You'll Learn

By completing this course, you will be able to:

  • Understand money laundering, terrorism financing, and proliferation financing risks.
  • Identify common financial crime typologies and risk indicators.
  • Conduct AML/CTF risk assessments using a risk-based approach.
  • Develop and maintain an effective AML/CTF compliance program.
  • Apply customer identification and verification requirements.
  • Conduct beneficial ownership checks for companies and trusts.
  • Assess source of funds and source of wealth information.
  • Recognise suspicious activity and financial crime red flags.
  • Understand AUSTRAC reporting obligations, including SMRs and TTRs.
  • Maintain compliant AML/CTF records and evidence management practices.

Who should Take This Course

This course is ideal for:

  • AML/CTF Compliance Officers
  • Risk and Compliance Professionals
  • Real Estate Professionals
  • Lawyers and Legal Support Staff
  • Conveyancers
  • Accountants and Bookkeepers
  • Trust and Company Service Providers
  • Business Owners and Directors
  • Governance and Risk Managers
  • Customer Onboarding Teams
  • Financial Crime and Fraud Prevention Personnel
  • Anyone responsible for regulatory compliance or customer due diligence activities

Career opportunities

AML/CTF expertise is increasingly sought after across compliance, governance, financial crime, legal, accounting, and property sectors.

This course can support career development in roles such as:

  • AML/CTF Compliance Officer
  • Financial Crime Analyst
  • Risk and Compliance Manager
  • Governance and Compliance Advisor
  • Customer Due Diligence Specialist
  • Regulatory Compliance Officer
  • Fraud Prevention Analyst
  • Real Estate Compliance Officer
  • Legal Compliance Coordinator
  • Trust and Company Services Professional
  • Compliance Consultant

As Australia's AML/CTF framework expands and regulatory expectations continue to increase, professionals with AML/CTF compliance, customer due diligence, and financial crime prevention expertise will remain highly valued across a wide range of industries.

Requirements

There are no formal prerequisites for this course.

The training is suitable for professionals working in compliance, risk management, governance, legal services, accounting, real estate, financial services, and regulated industries. No previous AML/CTF experience is required.

Certification

Certification

Upon successful completion of the course and final assessment, learners will receive a Digital Certificate from Australian Compliance Training.

This certificate demonstrates knowledge of AML/CTF compliance, customer due diligence, financial crime risk management, AUSTRAC obligations, and Australia's evolving AML/CTF regulatory framework.

Certification

Why Choose Us

  • 100% online and self-paced learning designed for busy professionals.
  • Practical, compliance-focused content aligned with Australian regulatory requirements.
  • Industry-relevant training covering real-world financial crime risks and controls.
  • Interactive assessments that reinforce learning and practical application.
  • Instant digital certification upon successful completion.
  • Trusted compliance training developed for Australian workplaces and regulated businesses.

Compliance and Regulatory Alignment

This course supports awareness and understanding of:

  • Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act)
  • AUSTRAC AML/CTF Rules and Guidance
  • Risk-Based AML/CTF Program Requirements
  • Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)
  • Beneficial Ownership Identification Requirements
  • Suspicious Matter Reporting (SMR) Obligations
  • Threshold Transaction Reporting (TTR) Requirements
  • Tipping-Off Restrictions
  • Financial Crime Risk Management Frameworks
  • Tranche 2 AML/CTF Reforms
  • Record-Keeping and Compliance Evidence Requirements

Course Curriculum

7 sections24 lectures2-5 Hours
▶ 1.1 Money Laundering Methods
▶ 1.2 Terrorism Financing Indicators
▶ 1.3 Proliferation Financing Exposure
▶ 1.4 Professional Services Risk Typologies
▶ Quiz
▶ 2.1 Customer Risk Factors
▶ 2.2 Service and Transaction Risks
▶ 2.3 Geographic and Delivery Risks
▶ 2.4 ML/TF/PF Risk Rating Methodology
▶ Quiz
▶ 3.1 AML/CTF Program Structure
▶ 3.2 Policies and Procedures
▶ 3.3 AML/CTF Compliance Officer Duties
▶ 3.4 Senior Management Oversight
▶ Quiz
▶ 4.1 Customer Identification Requirements
▶ 4.2 Beneficial Ownership Checks
▶ 4.3 Source of Funds and Wealth
▶ 4.4 Enhanced Due Diligence Triggers
▶ Quiz
▶ 5.1 Suspicious Matter Reports
▶ 5.2 Threshold Transaction Reports
▶ 5.3 Tipping-Off Restrictions
▶ 5.4 Record-Keeping Evidence Standards
▶ Quiz
▶ 6.1 Real Estate AML/CTF Controls
▶ 6.2 Legal and Conveyancing Controls
▶ 6.3 Accounting and Trust Service Controls
▶ 6.4 Precious Asset Dealer Controls
▶ Quiz
▶ Quiz

Frequently Asked Questions


This course provides a practical introduction to Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) framework, helping organisations identify, assess, and manage financial crime risks.


This course is ideal for compliance officers, business owners, financial services staff, accountants, lawyers, real estate professionals, trust service providers, and other reporting entities.


Yes. The course explains AUSTRAC obligations, AML/CTF programs, customer due diligence (CDD), beneficial ownership, reporting requirements, and record-keeping responsibilities.


Yes. You'll learn to recognise money laundering, terrorism financing, and proliferation financing risks, apply risk assessments, and identify situations requiring enhanced due diligence or AUSTRAC reporting.


Yes. The training covers customer identification, beneficial ownership, source of funds and wealth, enhanced due diligence, and sector-specific AML/CTF controls introduced under Australia's Tranche 2 reforms.


This training helps organisations strengthen AML/CTF compliance, reduce financial crime risks, meet AUSTRAC obligations, prepare for regulatory reforms, and protect their business from enforcement action.

Enrol Now

Related Courses