AML (Anti-Money Laundering)

With money laundering and terrorism financing becoming more and more widespread around the world today, the necessity of conducting Anti-Money Laundering due diligence checks are very important for any business. The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) covers the financial sector, gambling sector, bullion dealers and other professionals or businesses that provide services covered by the Act.

AML due diligence report with InfoTrack

The AML/CTF Act is part of a legislative package which brings Australia into line with international best practice to deter money laundering and terrorism financing. InfoTrack’s AML due diligence report ensures that whomever you are dealing with has not been recorded as having laundered any money in accordance with the Anti-Money Laundering (AML) and Counter-Terrorism Act 2006.

InfoTrack allows you to conduct complete AML investigations in a single search, to comply with the AML/CTF Act.

Streamline your due diligence processes with aggregated AML searches that automatically highlight risk and can be customised to meet your specific requirements.

  • ACN / ABN and / or ASIC incorporation details
  • Organisation’s address and contact details
  • Ownership and ultimate parent information
  • Share structure
  • Directorships
  • Beneficial owners
  • PEP, sanctions and international watch lists
  • Credit data
  • ASIC director searches
  • AFSA bankruptcy checks

Knowing your clients can be the key to the successful running of your business and so on-going customer due diligence is critical in weeding out suspicious behaviour to decrease business risk.

View our latest blog post - KYC is good for business, not just for meeting AML/CTF obligations.

 

See how you can save time while conducting your due diligence

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Can you perform comprehensive AML checks in a matter of minutes?

Find out how InfoTrack’s AML due diligence report works.

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Key benefits of InfoTrack's AML due diligence report


See what you get in your AML due diligence report

AML report example