meta_id 3151031

On 13 May 2026, the Federal Register of Legislation published the Anti-Money Laundering and Counter-Terrorism Financing Transitional Amendment (Reporting Obligations) Rules 2026, which came into force on the same date. The rules are administered by Australia's Department of Home Affairs and are authorised under the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024. The transitional amendment rules establish temporary reporting obligations for entities subject to Australia's anti-money laundering and counter-terrorism financing (AML/CTF) regime. These rules form part of the broader implementation framework following the 2024 amendment act, which introduced reforms to Australia's AML/CTF legislation. The transitional rules provide a structured approach to compliance during the implementation period, allowing reporting entities time to adjust their systems and processes to meet updated regulatory requirements. The rules amend the Anti-Money Laundering and Counter-Terrorism Financing Transitional Rules 2026 and are contained in Schedule 1. The instrument is a legislative instrument under Australia's legislative framework and includes an explanatory statement detailing the policy rationale and operational impact. Reporting entities, including financial institutions, designated non-financial businesses and professions, and other AML/CTF-regulated entities, should review the transitional provisions to ensure compliance with the new reporting obligations. The Department of Home Affairs administers these rules, and entities should monitor the Federal Register of Legislation and departmental guidance for any further updates or clarifications regarding implementation requirements. **Reference:** Federal Register of Legislation, Anti-Money Laundering and Counter-Terrorism Financing Transitional Amendment (Reporting Obligations) Rules 2026, F2026L00556, 13 May 2026.