feedSubscribe to our news feeds
Archived Posts Lists

Australian Regulatory Compliance Review
Australian Technology and IP Business
Credit Union and Mutual Law
National Consumer Credit Reform
Personal Property Securities Australia
Longview Business Insights
Australian Private Health Insurers
Wills, Trusts, Super
Mutuals Resource Centre

Resources

Commonwealth legislation
Corporate Governance
Not-for-Profit links
Regulator Links

September 26, 2010

New AML rules

The Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment Instrument 2010 (No.2) amends the AML/CTF Rules Instrument 2007 (No. 1). by inserting:

  • Chapter 46 relating to special circumstances for customer identification procedures
  • Chapter 47 creating an exemption from the AML/CTF Act for risk-only life policy interests in a superannuation fund
  • Chapter 48 creating an exemption from the AML/CTF Act of salary packaging administration services from the AML/CTF Act.

Print This Post Print This Post

Posted 26th September 2010 by David Jacobson in Anti-money laundering