AML/CTF Program for Australia

New Zealand’s AML/CFT regulatory focus is increasing — and compliance is mandatory for all captured Reporting Entities.

Our NZ-aligned AML/CFT programs provide a complete, audit-ready framework that makes oversight, due diligence, and reporting straightforward to implement.

Everything You Need to be AML/CFT Compliant

Part A — Governance & Oversight Program
Part B — Customer Due Diligence (CDD) Program

Comprehensive Risk Assessment (Inherent & Residual)

40+ Policies, Procedures & Forms

Training materials & staff acknowledgements

Independent review templates

Registers & evidence records

Implementation guide with rollout tasks

Fully editable in Word — update for your services, risks, and customers.

Is My Business a Reporting Entity?

If you operate in these sectors:

Lawyers & Conveyancers | Accountants & Bookkeepers | Real Estate Agencies
Financial Advisers & Lenders | Trust & Company Service Providers (TCSPs)
High-risk services including FX, Remitters, Casinos

Then AML/CFT regulations require:

✅ AML/CFT Program
✅ Risk Assessment
✅ Ongoing CDD
✅ Monitoring & reporting
✅ Staff training
✅ Independent review
✅ Audit-ready compliance records

Watch Video: Do I need to comply?

AML in New Zealand Explained

Buy Now

Aligned to Regulation. Designed for You.

AUSTRAC-Aligned

AML/CFT Act 2009 + DIA / RBNZ / FMA guidance applied throughout

Fast to Implement

Templates pre-built for Profession 1, 2 & 3 sectors (legal, accounting, real estate, finance)

Audit-Ready

Evidence registers + review templates included
Regulator-style wording throughout the documentation

The AML Program NZ

Document Pack Contents

Part A — Governance & Oversight

AML/CFT Program Part A
Governance framework
AMLCO appointment letters
Reporting & oversight templates

Part B — Customer Due Diligence

CDD processes
EDD protocols
Beneficial ownership checks
PEP & Sanctions screening rules

Risk Assessment

Methodology

Rating matrices
Sector-specific risks & controls

Policies & Procedures

40+ documents covering due diligence, reporting, recordkeeping, training, audits, etc.

Registers & Evidence

Training register
Risk register
Independent review register
SAR/STR & threshold transaction evidence.

✅ No guesswork — every requirement is covered.

The Program Topics

Customer Due Diligence (CDD) – Identify and verify customers before providing services.
Enhanced Due Diligence (EDD) – Apply stricter checks to high-risk customers, trusts, and PEPs.
Know Your Customer (KYC) – Understand customer type, source of funds, and purpose of the relationship.
Politically Exposed Persons (PEPs) – Identify and monitor high-risk individuals and their associates.
Ongoing Customer Due Diligence (OCDD) – Continuously monitor customers and update CDD when needed.
Suspicious Activity Reporting (SARs) – Report suspicious behaviour to the FIU using goAML.
Prescribed Transaction Reporting (PTRs) – Report cash transactions ≥ $10,000 and international transfers.
International Funds Transfer Reporting – Track and report cross-border transactions as part of PTR obligations.
Record Keeping – Keep identity, CDD, and transaction records for at least 5 years.
Risk Assessment – Conduct and document a risk assessment before implementing your AML/CFT program.
Internal Controls – Establish policies, procedures, and systems to mitigate ML/TF risk.
Staff Training – Deliver AML training to all relevant staff regularly.
Independent Audit / Review – Have the program reviewed every 2 years or when required by your supervisor.
Risk-Based Approach – Tailor compliance activities based on assessed risk.
Governance and Oversight – Ensure board/senior management approves and supports the program.
Compliance Officer Role – Appoint a competent individual to manage AML/CFT compliance.
Corrective Actions & Breach Management – Have a clear process to manage failures, breaches, and remedial actions.