Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2026

Summary

Amends the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 to: enable the Chief Executive Officer of the Australian Transaction Reports and Analysis Centre to restrict or prohibit reporting entities from using high-risk mechanisms to provide designated services; amend the meaning of financing of terrorism to reference new offences for financing a state sponsor of terrorism; and make technical amendments.