Austrac has released 2 new sets of draft rules for further consultation:
Draft ongoing customer due diligence rules
The previous draft has been revised taking into account comments received. A
public consultation period for this revised draft is currently open
from 24 August 2007 to 14 September 2007.
These draft AML/CTF Rules relate to information required to be
included in a threshold transaction report under subsection 43(3) of
the AML/CTF Act. A public consultation period is currently open from 24
August 2007 to 14 September 2007.