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.
 

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