Sladen Legal’s approach to AML/CTF
From 1 July 2026, new federal anti-money laundering and counter-terrorism financing (AML/CTF) laws will require law firms like ours to complete extra checks before we can provide certain designated services.
These changes are designed to help prevent criminal funds from entering the financial system.
What is AML/CTF
Australia’s AML/CTF laws are expanding to cover additional professional services from 1 July 2026.
In practice, this means we will need to:
Verify client identity
Understand the purpose of the matter or transaction
Assess and document risk
Keep clear records of decisions
What this means for you
We may need you to provide identity documents or additional information as part of commencing (or renewing) an engagement with us for legal services. If you act for a company, trust, or other structure, we may also request documents showing who ultimately owns or controls that entity.
We are preparing now to make the process as smooth and secure as possible. You can read more about our approach on a landing page we have developed that we will update as we progress to 1 July.
