AUSTRAC has issued the following three draft guidance notes for comment until 30 November 2010:
Identification requirements in threshold transaction reports from 1 October 2011
AUSTRAC has developed this guidance note to assist entities in understanding the identification requirements for both the customer and the individual conducting the threshold transaction from 1 October 2011.
AUSTRAC has developed this guidance note to assist entities in understanding the application of the term ‘if known’ to details on the individual conducting the threshold transaction from 1 October 2011. A public consultation period is open from 16 November 2010 to 30 November 2010.
Customers using a bank other than their account provider when depositing physical currency
AUSTRAC has developed this guidance note to assist entities in understanding the application of the AML/CTF Act and Rules to threshold transactions where a person deposits money into its bank account through a branch of a bank that is not the account provider. A public consultation period is open from 16 November 2010 to 30 November 2010.