Anti-money laundering and counter-terrorism financing program for gaming licensees

Gaming machine licensees are required by the Australian Transaction Reports and Analysis Centre (AUSTRAC) to develop, adopt and maintain an anti-money laundering and counter-terrorism financing (AML/CTF) program.

You also need to enrol your business with AUSTRAC, or you could face penalties.

Your program needs to set out the ways your business will:

  • comply with your AML/CTF obligations
  • identify, reduce and manage money laundering and terrorism financing risks.

You're also required to report to AUSTRAC on:

Use the AUSTRAC guide for pubs and clubs to prepare and implement your AML/CTF program.

Also consider...