AML/CTF Technology and Data Guide

All industries · PDF

For many newly regulated firms, compliance doesn't stop with policies and procedures. Regulators may also expect you to demonstrate where identity information is stored, who can access it, how it is protected and how long it is retained. This guide focuses on Steps 6 to 10 of the AML/CTF pathway, where compliance becomes a technology and operational challenge. It explains the controls, processes and evidence that support secure management of client identity information across email, file storage, practice management platforms, devices and backups. 

Inside the guide you'll learn:

• How to strengthen cyber security controls that protect identity information.
• What tipping-off controls look like in practice.
• How to retain AML/CTF records while meeting Privacy Act obligations.
• What evidence regulators may expect to see.
• How to prepare for cyber incidents and data breaches.
• How to train staff on the technology risks that support compliance.

Whether you're in legal, accounting, real estate or another professional services industry, this guide provides a practical framework for building secure, compliant technology environments.