AML / CTF RISK AWARENESS TRAINING AUSTRALIA
8 Modules
The training consists of 8 modules, including videos, reading materials and tests.
8 Hours 41 Minutes
The training is 8 Hours 41 Minutes in total. You can learn at your own pace
Certificate
Complete the training successfully to get a certificate
$49.99
Who this training is for
Who it’s for
Management, employees, contractors, customer-facing staff, operations, investigations and AML/CTF function holders
Requirements
No prior AML/CTF experience is required. Participants should have access to their organisation’s current AML/CTF program, risk assessment, policies and internal escalation procedures.
What you’ll learn
Explain the Australian AML/CTF framework and the reforms now in force.
Identify ML, TF and PF indicators across customers, services, transactions, channels and jurisdictions.
Understand initial, ongoing and enhanced customer due diligence requirements.
Recognise when SMR, TTR, IFTI and travel-rule obligations may arise.
Create clear records and escalate concerns without disclosing protected information.
Syllabus
The course gives staff the knowledge to recognise money laundering, terrorism financing and proliferation financing risk; apply the organisation's controls; preserve evidence; and escalate concerns without tipping off a customer.
Australia's AML/CTF framework and the 2026 reforms
Module 1 53 minutes to complete
AUSTRAC and the legal framework
Watching 38 mins,Reading 3 mins
Who is regulated
Reading 3 mins
Key 2026 changes
Reading 3 mins
Regulatory expectations
Reading 3 mins
Money laundering, terrorism financing and proliferation financing
Module 2 50 minutes to complete
Money laundering
Watching 35 mins,Reading 2 mins
The classic three-stage mode
Reading 3 mins
Terrorism financing
Reading 3 mins
Proliferation financing
Reading 4 mins
Risk-based approach, governance and reporting groups
Module 3 48 minutes to complete
The risk-based approach
Watching 31 mins,Reading 3 mins
Inherent and residual risk
Reading 3 mins
Governance roles
Reading 2 mins
The AML/CTF program
Reading 3 mins
Reporting groups
Reading 3 mins
Initial customer due diligence and beneficial ownership
Module 4 111 minutes to complete
Initial CDD: the objective
Watching 90 mins,Reading 2 mins
Persons to identify and verify
Reading 2 mins
Beneficial ownership and control
Reading 3 mins
Nature, purpose and expected activity
Reading 3 mins
PEP categories and controls
Reading 3 mins
Simplified, delayed and transitional CDD
Reading 5 mins
Ongoing CDD, enhanced CDD and transaction monitoring
Module 5 119 minutes to complete
Ongoing CDD
Watching 100 mins,Reading 2 mins
Mandatory enhanced CDD triggers
Reading 3 mins
Enhanced measures
Reading 3 mins
Source of funds and source of wealth
Reading 3 mins
Common monitoring indicators
Reading 2 mins
Virtual asset investigations
Reading 3 mins
Reporting obligations, travel rule and quality reporting
Module 6 71 minutes to complete
Suspicious matter reports
Watching 50 mins,Reading 3 mins
Threshold transaction reports
Reading 3 mins
International transfer reporting
Reading 3 mins
SMR and TTR forms from 1 July 2026
Reading 2 mins
The travel rule
Reading 4 mins
Quality reporting
Reading 3 mins
Records, tipping off, personnel, independent evaluation and enforcement
Module 7 19 minutes to complete
Record keeping
Reading 3 mins
Tipping off
Reading 2 mins
Personnel due diligence and training
Reading 3 mins
Independent evaluation
Reading 4 mins
Enforcement and consequences
Reading 4 mins
Practical case studies
Module 8 25 minutes to complete
Official AUSTRAC videos
Case 1 - Cash instalments for a high-value product
Reading 5 mins
Case 2 - Opaque ownership and third-party control
Reading 5 mins
Case 3 - Rapid virtual asset layering
Reading 5 mins
Case 4 - Remittance to a conflict-adjacent region
Reading 5 mins
Case 5 - Real estate purchase through an offshore structure
Reading 5 mins
