Friday, 19 June 2026
AML/CTF Obligations: Key dates and resources
From 1 July 2026, legal practices providing designated services will be subject to new obligations to help combat money laundering and terrorism financing.
If you offer a designated service under the new law, you must enrol with AUSTRAC before 29 July 2026. Further information is available here.
Our dedicated AML/CTF Hub also provides key resources to support you, including:
- AUSTRAC guidance
- An implementation guide developed by the NSW Law Society (available to members)
- Relevant webinars
Members are encouraged to use these resources and engage with resources available from the AUSTRAC website to understand their obligations. Please note the Society cannot provide direct advice on member’s individual circumstances.
We will also be hosting a free webinar on Thursday, 25 June, providing a practical overview of AML/CTF obligations for law firms - covering what systems firms need to have in place, designated services and exceptions, identifying ML/TF risks, tipping off provisions, terminating retainers, and relevant Solicitors’ Conduct Rules, along with a practical overview of undertaking AML checks and implementing effective compliance processes.
The webinar will also be made available on the hub for those unable to attend on the day.
