ML/TF Risk Assessment Wizard
Annual inherent risk assessment — AML/CTF Act 2006 s.9
Annual ML/TF Risk Assessment
This wizard guides you through AUSTRAC's recommended risk assessment framework for reporting entities in the real estate sector. It covers 4 risk categories: customer type, geography, delivery channel, and products/services.
Customer Type
Who are your clients?
Geography
Where do they come from?
Delivery Channel
How do you interact?
Products & Services
What transactions?
This assessment should be completed annually or when your business circumstances change significantly. The results must be documented and retained for 7 years.