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AML/CFT interpreting 'ordinary course of business' guideline

Page last updated: 14 Dec 2017

AML/CFT interpreting 'ordinary course of business' guidelineThis guideline is designed to help clarify the meaning of the phrase “in the ordinary course of business”. The meaning of this phrase is important if your business conducts one (or more) of the activities listed under the definitions of financial institution”, “designated non-financial business or profession”, and “high-value dealer” in the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act).