Newly regulated businesses can create an account and enrol through AUSTRAC Online.
Identity and AML: decide how you'll verify clients' identity, record it and who in the firm owns AML/CTF compliance. Most small firms will need a customer due diligence process for the first time. People and budget: plan staff time, training and any outside help before obligations start.
Lawyers, Accountants, Real estate, Conveyancers, Dealers in precious metals/stones