meta_id 3156257

On May 15, 2026, the Australian Transaction Reports and Analysis Centre (AUSTRAC) published staff information guidance for tranche 2 entities to support financial crime prevention and anti-money laundering and counter-terrorism financing (AML/CTF) compliance. The guidance document outlines key signs of financial crime and provides information that staff within tranche 2 entities need to understand to protect their organisations and meet their AML/CTF obligations. AUSTRAC's interpretation of relevant Australian legislation, associated rules, and regulations is included throughout the guidance. The document acknowledges that Australian courts retain ultimate responsibility for interpreting applicable laws and determining whether provisions have been contravened. The guidance includes examples and scenarios designed to illustrate AUSTRAC's interpretation of the law, though these are not exhaustive and do not cover every possible scenario. AUSTRAC notes that the guidance provides general information and should not be considered a substitute for legal advice. The material aims to avoid legal language where possible, though it may include generalisations about how the law applies. AUSTRAC emphasises that certain law provisions contain exceptions or important qualifications, and that particular circumstances must be considered when determining how the law applies to individual entities. Tranche 2 entities requiring specific guidance on their AML/CTF obligations are encouraged to contact AUSTRAC directly for tailored advice. **Reference:** AUSTRAC. Staff Information for Tranche 2 Entities: Helping prevent financial crime. Available at: https://www.austrac.gov.au/business/compliance-and-enforcement/amlctf-compliance-guidance/staff-information-tranche-2-entities-helping-prevent-financial-crime