Anti-money laundering - Advanced (AU)

Duration: 89 minutes

Overview: This course provides you with an understanding of how to identify, prevent and report money laundering, terrorism financing and proliferation financing in Australia. During this course, you will examine the potential harm caused by financial crime and explore the key stages of money laundering.

You will review the AML/CTF regulatory framework, including the significant reforms introduced by the AML/CTF Amendment Act 2024, and the key components of an AML/CTF program.

You will also understand your reporting obligations under the AML/CTF legislation and how to comply with these requirements.

Why is this course important? There are significant risks associated with money laundering, terrorism financing and proliferation financing for organisations, their managers and their employees - including reputational, operational, legal and financial risk. Australia's AML/CTF regime has undergone major reforms, with new obligations now in effect for existing reporting entities, with the full suite of reforms commencing for newly regulated Tranche 2 professions on 1 July 2026. 

Suitable for: For employees and leaders with direct AML/CTF responsibilities, including compliance officers, risk managers, legal staff, and those involved in designing or overseeing an AML/CTF program. It is relevant for financial services, gambling, bullion and virtual asset organisations, as well as the newly regulated Tranche 2 professions: legal, accounting and real estate. It is based on Australian law.

It is general and does not cover obligations specific to your organisation or role. Familiarise yourself with relevant legislation, policies and guidelines in your workplace, and check your organisation's policies if in doubt.

If you have no AML/CTF responsibilities, Anti-money laundering (AU) - Essentials may be more suitable.

Online Assessment: Yes

Workplace Activities: None

Disclaimer: The scope of this course is general in nature and does not cover any specific potential anti-money laundering obligations that may apply to your particular workplace, or duties you may have in your role to detect or report certain anti-money laundering incidents.  In addition to this training module, you should become familiar with any legislation, guidelines, directives, policies and other documents that apply to anti-money laundering in your particular workplace and role. In the event of discrepancy between this course and your workplace policies, your workplace policies should be applied. OmniaCapture is not responsible for you or anyone else for any loss suffered in connection with the use of this information. You should seek legal or other professional advice before acting or relying on any of the information contained in this course.