Build your AML program
Bring the approved policy and process material into one AML/CTF program record that the business can maintain over time.
See the workspace that tracks the active risk assessment, program documents, client-process controls, and approval status.
Complete the risk assessment that informs your AML/CTF program. The next section walks through the risk assessment in more detail.
Review the approved policy and process documents that form the working AML/CTF program record.
Submit the completed program package for approval and keep approval evidence with the program version.
From starter-kit work to program record
AUSTRAC obligations become easier to work through when the policy material, process decisions, and approval evidence are connected. AML Shield organises those pieces into a program workflow while the business remains responsible for the decisions it approves.
- Program overview: the active AML/CTF program version, status, and guidance profile.
- Policy and process documents: approved program content that records how the business will apply personnel, client CDD, reporting, and maintenance controls.
- Program approval: a package combining the active risk assessment version, approved policy copy, approved process copy, summary of changes, and approval evidence.
What gets recorded
- Risk assessment version and status
- Approved policy and process sections
- Program approval date
- Approver or senior-manager evidence
- Summary of changes for the program version
- Exportable AML/CTF program PDF
Compliance decision ownership
The page should make clear that AML Shield structures the starter-pack workflow and evidence, while the business remains responsible for approving the program and the decisions inside it.
Why this comes next
Once the AML/CTF program overview is in place, the next job is working through the risk assessment that feeds the program documents and approval package.