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AML / Financial Crime

Domain ID D03
Owner Chief Compliance Officer
Jurisdiction NZ + AU
Applicability Platform — SD02 delivers eIDV, CDD, KYC review, and sanctions screening. SD03 delivers the typology engine, ML behavioural scoring, alert case management, and regulatory report submission. In Track 2 tenants are the reporting entities; the platform enables their AML/CFT programme.

Prevention, detection, and reporting of money laundering, terrorism financing, fraud, and sanctions violations.

AML programme requirement

Both NZ and AU require a documented, Board-approved AML programme reviewed at least annually. The programme must include: CDD procedures, transaction monitoring, suspicious activity reporting, staff training, and a designated AML compliance officer.

IFTI/CMIR thresholds

AU: International Funds Transfer Instructions ≥ AUD 1,000 must be reported to AUSTRAC within 10 business days. NZ: Cross-border Monetary Instrument Reports apply at NZD equivalent threshold.

Policies

Code Policy name Status
AML-001 AML/CFT Programme Policy Draft
AML-002 Customer Due Diligence (CDD) Policy Draft
AML-003 Know Your Customer (KYC) & Identity Verification Policy Draft
AML-004 Politically Exposed Persons (PEP) Policy Draft
AML-005 Transaction Monitoring Policy Draft
AML-006 Suspicious Activity Reporting Policy Draft
AML-007 Sanctions Screening Policy Draft
AML-008 Cross-Border Transfer Reporting Policy Draft
AML-009 Correspondent Banking & Payments Policy Draft
AML-010 AML Training & Awareness Policy Draft

Systems satisfying this domain

  • MOD-009: eIDV verification (SD02) — GATE
  • MOD-010: CDD tier assignment (SD02) — AUTO/ALERT
  • MOD-011: KYC review scheduler (SD02) — AUTO/ALERT
  • MOD-012: KYC audit trail (SD02) — LOG
  • MOD-013: Real-time sanctions screener (SD02) — GATE/ALERT
  • MOD-014: List change propagation (SD02) — AUTO
  • MOD-015: False positive management (SD02) — LOG
  • MOD-016: Rule-based typology engine (SD03) — AUTO/LOG
  • MOD-017: ML behavioural scoring (SD03) — AUTO/LOG
  • MOD-018: Alert case management (SD03) — LOG
  • MOD-019: Regulatory report submission (SD03) — AUTO

Policies in this domain

Code Title Status Owner
AML-001 AML/CFT Programme Policy Draft Chief Compliance Officer
AML-002 Customer Due Diligence (CDD) Policy Draft Chief Compliance Officer
AML-003 Know Your Customer (KYC) & Identity Verification Policy Draft Chief Compliance Officer
AML-004 Politically Exposed Persons (PEP) Policy Draft Chief Compliance Officer
AML-005 Transaction Monitoring Policy Draft Chief Compliance Officer
AML-006 Suspicious Activity Reporting Policy Draft Chief Compliance Officer
AML-007 Sanctions Screening Policy Draft Chief Compliance Officer
AML-008 Cross-Border Transfer Reporting Policy Draft Chief Compliance Officer
AML-009 Correspondent Banking & Payments Policy Draft Chief Compliance Officer
AML-010 AML Training & Awareness Policy Draft Chief People Officer
AML-011 Customer Acceptance Policy Draft Chief Compliance Officer
AML-012 Customer Risk Rating Policy Draft Chief Compliance Officer
AML-013 Onboarding Fraud & Identity Integrity Policy Draft Chief Compliance Officer

Compiled 2026-05-22 from source/entities/risk-domains/D03.yaml