iscover New flyer in the inbox: ‘misleading’ notices amid AML/CTF
BusinessIn light of the know your customer, anti-money laundering, counter-terrorism, and fraud requirements, one accountant has raised a new unsolicited notice.
A new item has entered one accountant's inbox as tax agents face a growing regulatory burden and shifting client expectations amid the new AML/CTF regulations, which came into effect on 1 July 2026.
One small business accountant has flagged a new unsolicited notice landing in her inbox for a police check, subject line: “NATIONAL POLICE CHECKING SERVICE.”
“Due to current and ongoing security concerns across Australia, it has become a legal requirement for many Australian businesses and companies to obtain a Nationally Coordinated Criminal History Check NCCHC (previously known as a National Police Check) for current and prospective employees,” the email read.
“To obtain this Government endorsed approval, please reply ‘Yes’ with your contact name to this email.”
Affiliation for Business Resilience and Turnaround chairman Eddie Griffith was tipped off by the small business accountant who received this email.
Speaking to Accountants Daily, Griffith said: “We suspect that this is as a result of anti-money laundering, counterterrorism and know your customer obligations [commencing] on the first of July.”
Griffith stressed that accountants and bookkeepers are concerned about compliance following the enactment of AML/CTF and KYC obligations.
“Right now, everyone's looking … to get in place systems so they can actually verify new clients quickly.
“Registration with the ACIC does sound pretty convincing.
“What I would allege here is that this is misleading overall. It's a false representation of any legal obligation.”
The sender’s email, “
Ausnet Australia Pty Ltd is a commercially accredited body with the Australian Criminal Intelligence Commission (ACIC).
“That would distinguish this from a complete scam. It's the false representations that are in the email that are a problem,” Griffith said.
Griffith said that accountants and small businesses that receive these emails can report them to their professional bodies.
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