MarketplaceGRCAML/CTF Rules
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.

Overview

This regulation establishes comprehensive requirements for financial and designated service providers to detect and deter money laundering and terrorism financing activities. Key areas include customer due diligence, reporting obligations, risk management, and compliance officer requirements. Specific rules cover measures for high-risk scenarios like correspondent banking, real estate transactions, and virtual asset services. Compliance is monitored by AUSTRAC, which has the authority to impose penalties or corrective actions for non-compliance.

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GRCStandard

National Principles of Child Safe Organisations

The National Principles for Child Safe Organisations outline ten core principles aimed at creating a child-safe culture within organisations that work with children. They provide a nationally consistent approach to promoting child safety and wellbeing.

Australian Government • Australia • v2025

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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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