AML/CTF — AUSTRAC
7 production AI models covering Australia's Anti-Money Laundering and Counter-Terrorism Financing obligations: AML/CTF programs, KYC/CDD automation, SMR/TTR filing, Tranche 2 readiness, and PEP/sanctions screening. Max civil penalty: AUD 222M per contravention.
Regulatory Framework
7 AI Models
AML/CTF program Part A & B compliance (AML/CTF Act 2006 s.81). Customer identification procedure, employee due diligence, board sign-off cadence.
Know Your Customer / Customer Due Diligence automation. Tier 1/2/3 verification, beneficial ownership (>25%) mapping, enhanced due diligence for high-risk customers.
Suspicious Matter Report generation and AUSTRAC portal filing. Pattern detection using 14 typologies. 24-hour filing obligation timer for tipping-off prevention.
Threshold Transaction Report compliance (AUD 10,000+). Structuring detection, linked cash transaction identification, TTR batch submission.
AUSTRAC Tranche 2 obligations readiness for lawyers, accountants, real estate agents, and trust/company service providers (proposed 2026 enactment).
Politically Exposed Person (PEP) and sanctions screening. DFAT Consolidated List, UN Security Council, OFAC, EU, UK lists. Re-screen on change events.
Conformal 90% CI penalty quantifier for AUSTRAC penalties. Max civil: AUD 222M per contravention (corporations). Criminal: up to 10 years imprisonment.
Example — SMR Filing Trigger
curl -X POST https://your-instance/api/v1/audits/domains/austrac \
-H "Authorization: Bearer $BP_API_KEY" \
-d '{
"entity_id": "ent_abc123",
"models": ["C-33"],
"transaction": {
"id": "txn_9988",
"amount_aud": 85000,
"customer_id": "cust_456",
"typology_flags": ["structuring", "unusual_pattern"]
}
}'
# Response:
{
"model": "C-33",
"smr_required": true,
"filing_deadline": "2026-05-22T09:00:00Z",
"hours_remaining": 24,
"typologies": ["structuring_detection", "high_risk_customer"],
"acho_action": "smr_draft_generated",
"tipping_off_warning": true
}