GRCLaw

AML/CTF Act

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

This is an Australian law established to prevent money laundering and financing of terrorism. It imposes obligations on certain entities to implement anti-money laundering and counter-terrorism financing measures, including customer due diligence, reporting, and record-keeping.

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Overview

The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) is a comprehensive framework for addressing money laundering and terrorism financing in Australia. Administered by AUSTRAC, the Act delineates requirements for financial institutions and specific businesses, including risk assessments, customer identification (KYC), compliance reports, and measures to monitor and report suspicious transactions. The Act regulates sectors such as banking, gambling, and remittance services, introduces reporting obligations for threshold transactions and international fund transfers, and mandates the registration of remittance providers and virtual asset service providers. It also includes provisions for protecting information, external audits, and enforceable countermeasures.

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GRCFramework

COBIT 5 — COBIT 5

COBIT 5 is a comprehensive framework for the governance and management of enterprise IT, designed to maximize the value organizations derive from their information systems. It incorporates principles, practices, and tools to align IT with business strategies and goals.

ISACA • Global • v5

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GRCLaw

Sex Discrimination Act 1984

A federal law enacted by the Australian Government to eliminate discrimination on the basis of sex, gender identity, sexual orientation, marital status, pregnancy, or family responsibilities. It also addresses sexual harassment and outlines protections in employment, education, goods and services, and public programs.

Attorney-General's Department • Australia • v1 January 2014

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GRCLaw

South Africa Electronic Communications and Transactions Act 25 of 2002

The Electronic Communications and Transactions Act 25 of 2002 establishes legal and policy frameworks for regulating electronic communications and transactions in South Africa. It aims to facilitate universal access to electronic services, prevent abuse of information systems, and promote the use of e-government services and small business technology adoption.

Government of South Africa • South Africa

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GRCLaw

Trade Marks Act 1995

The Trade Marks Act 1995 is an Australian legislation that governs the registration, use, protection, and enforcement of trade marks within the country. It provides rules for registering trade marks, handling disputes, managing trade mark rights, and addressing infringements.

Department of Industry, Science and Resources • Australia • vCompilation No. 38, 24 February 2019

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