Anti Money Laundering

AML/CTF Additional information collection and verification requirements

Russell Kennedy is investing in systems and processes to support efficient compliance with Australia’s new Anti‑Money Laundering and Counter-Terrorism Financing (AML/CTF) requirements, and to minimise disruption to our clients when they instruct us on matters captured by these requirements. 

To be clear, not every matter requires additional collection and verification to be undertaken, and for clients with high volumes of captured matters, in most circumstances, collection and verification will not be required on every captured matter.

Please be prepared to provide the following information when onboarding or opening a new matter.

Depending upon the type of matter you may be required to provide some or all of the items listed below.

About Your Organisation
  • Legal name of entity
  • Australian Business Number (ABN) / Australian Company Number (ACN)
  • Registered address and principal place of business
  • Company structure (e.g. company, trust, partnership) and supporting documentation
Ownership and Control
  • Details of directors, trustees or partners
  • Identification of any individuals who ultimately own or control the organisation
  • Organisational structure or ownership chart (if available)
Key Individuals – Identification

For each relevant controlling person, director or beneficial owner:

  • Full name
  • Date of birth
  • Residential address
  • Government‑issued photo identification (e.g. passport or driver license)
Purpose and Nature of Engagement
  • Description of the services or matters you have engaged us for
  • Source of funds (where required for the matter)
  • Expected nature and duration of the transaction the subject of your matter
Additional Information (If Required*)

Some matters may require enhanced due diligence. If applicable, we may also request additional information or documents:

  • To support further verification
  • Regarding related entities or overseas connections
  • clarifying ownership, control or funding sources

*This is not an exhaustive list, Russell Kennedy may be required to collect and verify additional information