Status: Audit-ready
Open Obligations
12
across 3 jurisdictions
Urgent (≤7 days)
3
due this week
Completed This Month
27
auto‑generated filings
Regulatory Updates — filtered to AML/KYC
Sort: Recent
AUSTRAC · 12 Aug 2025
Threshold for International Funds Transfer reporting adjusted to $8,000.
Medium
Pending
View →
FATF · 05 Aug 2025
Guidance on beneficial ownership transparency — additional record‑keeping.
High
Pending
View →
FCA (UK) · 30 Jul 2025
Updated KYC refresh cycles for high‑risk customers (12 → 6 months).
High
Completed
View →
FinCEN (US) · 24 Jul 2025
BOI reporting portal schema v2 — XML field changes for filings.
Low
Pending
View →
AUSTRAC Update12 Aug 2025
Risk: Medium

IFTR reporting threshold adjusted to $8,000

Rule change impacts monitoring thresholds and staff procedures for international transfers.

Update transaction monitoring rules
Lower threshold in AML engine and run back‑test.
Revise policy AML‑12
Update internal policy doc and notify affected departments.
Train frontline staff
Short briefing for payments team; include examples over $8k.
Source & Context
Official citation
IFTR Part 3 — Section 15(b) — AUSTRAC Bulletin #2025‑08
Links
Deadline
Effective: 01 Sep 2025 · Internal deadline: 28 Aug 2025
Draft Filing — AUSTRAC IFTR Threshold Adjustment

Institution: Example Bank Pty Ltd

Prepared: 12 Aug 2025 · Compliance Officer: Jane Smith

Subject: Confirmation of internal control updates following AUSTRAC threshold change to $8,000.

Summary: Monitoring rules and reporting workflows updated; staff briefings scheduled; policy AML‑12 revised with cross‑references.

Evidence: See attached ruleset export, change log #AIF‑2025‑31, and training roster.


Declaration: I certify the above actions were completed and controls are effective as of 28 Aug 2025.

Filing Checklist
Ruleset export attached
Policy AML‑12 revision attached
Staff training confirmation
Change log signatures
Audit Trail
Export CSV
DateRegulationActionStatusEvidence
12 Aug 2025AUSTRAC — IFTRThreshold update processedIn progressView
05 Aug 2025FATF — BO TransparencyPolicy AML‑08 updatedCompletedView
30 Jul 2025FCA — KYC refreshSchedule adjusted to 6 mo.CompletedView
Compliance AssistantAsk about AML/KYC obligations
What’s the current AUSTRAC threshold for IFTR reporting?
As of Aug 2025, AUSTRAC requires reporting for international transfers over $8,000. I can link the bulletin and generate the filing steps.
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