As a result of reforms to Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) regime, legal practices that provide designated services will have new regulatory obligations as of 1 July 2026.

These services are defined in section 6 of the amended AML/CTF Act and include, for example, assisting a client with a property transaction, assisting a client to buy or sell a business or selling or transferring a shelf company.

The Law Society’s self-paced course Preparing your practice for Australia’s anti-money laundering and counter-terrorism financing regime will assist you to prepare your practice for changes to Australia’s AML/CTF legislation. It is suitable for a wide range of audiences, including early career lawyers, senior staff needing to engage with the day-to-day management of AML/CTF compliance, and principal practitioners.  

The course comprises 12 chapters and will help you to understand:

• Australia’s AML/CTF regime.
• What a ‘designated service’ means under the amended AML Act.
• What solicitors captured by the regime will need to do.

Our on-demand interactive courses allow you to save your progress and learn to your own schedule. Courses include interactive and engaging content, knowledge checks and links to essential resources.

Preparing your practice for Australia’s anti-money laundering and counter-terrorism financing regime features the expertise of the AML/CTF Reference Group of the Law Society of NSW, and is delivered by Bobbie Wan, Head of Regulatory Policy and Strategy at the Law Society of NSW.

This course is offered complimentary to the legal profession.