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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GRCLaw

AML/CTF Rules — Anti-Money Laundering and Counter-Terrorism Financing Rules 2025

The Anti-Money Laundering and Counter-Terrorism Financing Rules 2025 provide detailed obligations on reporting entities in Australia to prevent financial crimes, including money laundering and terrorism financing. Administered by the Department of Home Affairs, it supports compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.

Australian Government • Australia • vCompilation No. 1, 31 March 2026

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GRCLaw

CBK Law — Law No. (32) of 1968 Concerning Currency, The Central Bank of Kuwait and The Regulation of Banking

Law No. (32) of 1968 establishes the legal framework for the establishment and operation of the Central Bank of Kuwait (CBK) and governs currency issuance, banking regulations, and financial supervision within Kuwait. It includes amendments to address evolving economic and regulatory needs.

Central Bank of Kuwait • Kuwait • v2021

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GRCLaw

National Greenhouse and Energy Reporting Act 2007

The National Greenhouse and Energy Reporting Act 2007 establishes a national framework for corporations to report their greenhouse gas emissions, energy production, and energy consumption. It aims to improve data transparency and inform government policy on climate change.

Australian Government • Australia

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GRCRegulation

Fair Work Regulations 2009

The Fair Work Regulations 2009 provide detailed legislative backing to the Fair Work Act 2009, outlining the operational rules and requirements for employment relationships, industrial agreements, and workplace standards in Australia. It includes rules on employer obligations, employee protections, and compliance mechanisms.

Department of Employment and Workplace Relations (DEWR) • Australia

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