In August 2025, new Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) rules were released. The Government recently finalised the transitional arrangements to make sure the AML/CTF reforms are implemented smoothly.
What you need to know
For now, there are no changes to how we currently identify clients.
As we continue to rely on the Know Your Client (KYC) checks that you already do, we wanted to remind you of your responsibilities as a distributor of our products, found in our Adviser Online terms and conditions. Please continue to keep copies of all client identification documents. This ensures they can be shared with us within 7 days if we request them.
What you need to do
There’s nothing you need to do right now. If we need any information from you to identify a client, we’ll reach out to you directly.
We’ll continue to monitor regulatory developments and share any important updates.
Need more information?
Please reach out to us via chat in Adviser Online.