AML/CTF Rules 2025 (Australia)
Part 5 Divisions 1 to 6: ML/TF risk assessment, AML/CTF policies, governance and compliance management – AML/CTF Rules 2025 (Australia)

AML/CTF Rules 2025 (Australia) R5-15: Document the risk assessment and policies before the first service, and updates within 14 days

The risk assessment and the policies must be written down before the entity's first designated service to any customer, and each time either is updated the program as changed must be written down within 14 days. A lead entity's policies must also keep up-to-date records of the reporting group's membership, including changes.

Maintained by Gerard Blokdyk

Other controls in Part 5 Divisions 1 to 6: ML/TF risk assessment, AML/CTF policies, governance and compliance management – AML/CTF Rules 2025 (Australia)

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