AUSTRAC Enrolment
Information that must be contained in an application for enrolment is:
a description of the designated services;
the date on which you propose to provide the designated services (usually this would be the 1st July 2026, unless you are starting to offer them later than that);
whether any of the following circumstances apply:
you propose to provide the designated services at or through a permanent establishment in Australia;
you are a resident of Australia and the designated services are proposed to be provided at or through a permanent establishment in a foreign country;
you are a subsidiary of a company that is a resident of Australia and the designated services are proposed to be provided, at or through a permanent establishment in a foreign country;
information on the industry in which you propose to provide the designated services.
In general, you must provide the following information:
your business’ full name, and any registered or other names under which you will provide the designated services;
your ABN, ACN, ARBN and ARSN (as applicable);
your legal entity identifier (if any) given by an organisation accredited by the Global Legal Entity Identifier Foundation (together with information identifying the organisation);
the address of your registered office (if applicable);
your principal place of business or operations in Australia;
if you are not a sole trader, information about the legal form of the business (such as a partnership, company or trust);
the names of any beneficial owners of your business;
information on the number of employees employed by your business;
if you are an Australian resident, whether you are a small business entity (i.e., your aggregated turnover for the previous year was less than $10 million);
information identifying one or more associations of which you are a member (if any) that represent the interests of a particular industry, profession or trade;
your telephone number;
your email address;
the full name, job title or position and email address of a contact person for communications with AUSTRAC (this should be the contact details of your AML/CTF Compliance Officer);
the domain names for all websites (if any);
a description of your business or principal activity;
the approximate annual turnover for the most recent financial year.
If the applicant is a body corporate, the application must contain:
full name, and any former names, of each director;
the date of birth of each director;
the director identification number (if any) of each eligible officer of the body corporate;
the country in which the body corporate was incorporated and any countries in which it is registered;
if the body corporate was incorporated or is registered in any foreign country, the address of the principal place of business of the body corporate in that foreign country.
Similar information must be disclosed if the reporting entity is a partnership or a trust.
Furthermore, you need to provide detailed information on your earnings if above $100 million.
Finally, the application must contain the following information relating to the individual completing the application:
the individual’s full name;
the individual’s job title or position;
information on the individual’s role or relationship in relation to the business;
the individual’s telephone number;
the individual’s email address;
a declaration by the individual completing the application that the information contained in the application is true and correct.
The full list can be found in Part 3, Division 1 of the AML/CTF Rules.
Get in touch if you have any questions.
