AML/CTF obligations – Tranche 2 Entities
The Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (AML/CTF Amendment Act 2024) is a significant piece of legislation in Australia that reforms the existing AML/CTF regime. Passed on November 29, 2024, and receiving Royal Assent on December 10, 2024, it aims to strengthen Australia’s ability to combat money laundering, terrorism financing, and proliferation financing. […]