From 1 July 2026, new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) obligations will apply to certain services provided by accountants and public practice firms, regulated by AUSTRAC.
AML/CTF laws are designed to help prevent illegal activities such as money laundering, terrorism financing and financial crime. As DLA Partners provides some services captured under the updated legislation, we will be implementing an AML/CTF compliance program to meet the new regulatory requirements.
From July, clients may notice additional identification, verification and due diligence processes as part of our engagement and onboarding procedures. For more information regarding identification please visit austrac.gov.au.
We are committed to implementing these changes in a practical and efficient way while continuing to provide the trusted advice and services our clients expect.
The information (including taxation) contained on this website is of a general nature only and neither represents nor is intended to be personal advice on any particular matter. DLA Partners strongly suggests that no person should act specifically on the basis of the information in this document, but should obtain appropriate professional advice based on their own personal circumstances.