{
  "service": "Creditcrest AML",
  "version": "1.0.0",
  "not_a_decision": "This finds records a person should look at and keeps the clock on what the lender must report. It does not form a suspicion, decide a report, or rate risk for the lender: the factors and weights are the lender's, and so is the judgement. Creditcrest Technologies is not a credit provider, is not a credit assistance provider, and does not hold an Australian credit licence. Its software produces evidence; the licensee makes the decision.",
  "stores": "nothing",
  "statutory": {
    "ttrThreshold": 10000,
    "ttrBusinessDays": 10,
    "smrBusinessDays": 3,
    "smrTerrorismHours": 24
  },
  "sources": {
    "read": "2026-09-26",
    "ttr": {
      "url": "https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/reporting-us/threshold-transaction-reports",
      "quotes": [
        "You must submit a TTR to us within 10 business days after the day the transaction takes place.",
        "You must submit a TTR for each physical currency transaction of $10,000 or more.",
        "you should be aware of customers who may be structuring their transactions to avoid reporting and consider whether a suspicious matter report (SMR) may be required."
      ]
    },
    "smr": {
      "url": "https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/reporting-us/suspicious-matter-reports",
      "quotes": [
        "24 hours of forming the suspicion if related to terrorism financing",
        "3 business days after the day you formed the suspicion for other suspicions.",
        "It’s a criminal offence to share SMR details if it could reasonably prejudice an investigation."
      ]
    },
    "cdd": {
      "url": "https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/customer-due-diligence/overview-customer-due-diligence",
      "quotes": [
        "You must complete initial CDD before you start providing a designated service to your customer.",
        "You must establish on reasonable grounds if a customer and other specified persons are designated for targeted financial sanctions before you start providing a customer with a designated service."
      ]
    },
    "individuals": {
      "url": "https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/customer-due-diligence/initial-customer-due-diligence/initial-customer-due-diligence-guides-customer-type/initial-cdd-individuals",
      "quotes": [
        "You must establish the identity of your individual customer.",
        "(the information listed:) full name, date of birth, residential address",
        "You must establish the nature and purpose of the business relationship and occasional transaction with the customer."
      ]
    },
    "initial": {
      "url": "https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/customer-due-diligence/initial-customer-due-diligence/overview-initial-customer-due-diligence",
      "quotes": [
        "If you can’t establish these matters on reasonable grounds, you must not start providing the customer with a designated service.",
        "You must keep records of how you established each matter on reasonable grounds, for each customer."
      ]
    },
    "pep": {
      "url": "https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/customer-due-diligence/politically-exposed-persons-pep",
      "quotes": [
        "You must apply enhanced customer due diligence (CDD) measures if the customer’s ML/TF risk is high."
      ]
    },
    "riskRatings": {
      "url": "https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/customer-due-diligence/assigning-customer-risk-ratings",
      "quotes": [
        "assign appropriate risk ratings. For example, low, medium or high risk."
      ]
    },
    "compliance": {
      "url": "https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/reporting-us/annual-compliance-reports",
      "quotes": [
        "The next reporting period will be 1 July 2026 to 30 June 2027.",
        "You must submit your compliance report within 3 months of a reporting period ending."
      ]
    },
    "transition": {
      "url": "https://www.austrac.gov.au/about-us/legislation/updates-legislation/amlctf-transitional-rules-2026",
      "note": "An entity enrolled on 30 March 2026 may keep using its applicable customer identification procedure instead of the new initial CDD until 2029 (AUSTRAC search summary; the page itself was not fetched in full)."
    }
  },
  "endpoints": {
    "POST /v1/aml/cdd": "{cip, screening, purpose}",
    "POST /v1/aml/risk": "{customer, settings?}",
    "POST /v1/aml/monitor": "{accounts, settings?, holidays?}",
    "POST /v1/aml/smr": "{events, asAt, holidays?}",
    "GET /v1/aml/compliance-report?asAt=": "the reporting window"
  }
}