Anti-Money Laundering and Counter-Terrorism Financing (Proliferation Financing) Regulations 2026

The regulations establish a new framework defining proliferation financing as an offence category, specifying its application across four legislative instruments: the Charter of United Nations Act 1945, the Autonomous Sanctions Act 2011, prescribed laws of the Commonwealth, and prescribed Commonwealth, State and Territory offences. The instrument is structured in two parts—Part 1 containing preliminary provisions including definitions, and Part 2 containing the substantive proliferation financing offences.

Financial institutions, reporting entities, and advisors should immediately review their AML/CTF compliance programs to incorporate proliferation financing risk assessments and screening procedures. Entities should update transaction monitoring systems to flag potential proliferation financing indicators and ensure staff training addresses the new offence categories. The compliance deadline aligns with the 31 March 2026 effective date.