Disclaimer

VettedSale provides software and general information about AML/CTF obligations. It is not legal advice and does not certify compliance with the AML/CTF Act 2006 or AUSTRAC Rules. Confirm your obligations against current AUSTRAC guidance or with a qualified adviser.

What the review is

A gap review by VettedSale compares a business's AML/CTF arrangements with AUSTRAC's published obligations for reporting entities, including the tranche 2 reforms that apply from 1 July 2026. It is based on the business's answers and the evidence shown at the time of review.

What the bands mean

The self-check, the 18-item review and every report give one of four bands: Solid, Gaps to close, Exposed, or Not started. A band is a summary of the gaps found using a fixed weighting. It is not a legal finding, an audit opinion, or a statement that the business meets its obligations. A Solid band does not mean that AUSTRAC or any other body would reach the same view.

The free self-check

The self-check covers ten of the 18 items and treats “Not sure” as not in place. It gives a general indication only and is not a substitute for a full review or for professional advice.

Information may change

AML/CTF obligations, AUSTRAC Rules and guidance can change. The review reflects our understanding on the review date. Check current requirements on austrac.gov.au or with a qualified adviser before acting.

No adviser relationship beyond the engagement

Using this website does not create a client relationship. Content on this website is general information only and does not take into account your business's circumstances.

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