The Anti-Money Laundering and Counter-Terrorism Financing Transitional Rules 2026, effective March 30, 2026, establish transitional measures for entities operating under Australia's AML/CTF regime. Key provisions include updated requirements for customer identification procedures, the registration of remittance and virtual asset service providers (VASPs), and modifications to reporting obligations, particularly concerning the Integrated Virtual Transfer System (IVTS) and unverified self-hosted virtual asset wallets. These rules are authorized by the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024.

Entities involved in remittance services and virtual asset services must review and update their AML/CTF policies and procedures to comply with the new registration and customer due diligence requirements. Specific attention should be paid to the transition dates for IVTS reporting and the delayed application of certain provisions for VASPs. Compliance with these transitional rules is mandatory to avoid potential penalties under the Principal Act.