Anti-Money Laundering and Counter-Terrorism Financing

Australia’s AML/CTF regime is principally governed by the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) and the associated AML/CTF Rules.

These laws require businesses providing certain regulated services to identify and assess their money laundering and terrorism financing risks, conduct due diligence on their customers and report certain matters to the Australian Transaction Reports and Analysis Centre (AUSTRAC).

Money laundering is the process of concealing or disguising the proceeds of crime so that they appear to have come from a legitimate source.

Terrorism financing involves providing, collecting or using funds or other assets to support terrorist acts, individuals or organisations. Funds used for terrorism financing may come from either legitimate or unlawful sources.

To help us meet our AML/CTF obligations, we may ask you to provide information or documents confirming your identity, ownership structure or the purpose of your relationship with MST. What we need will depend on your circumstances and the services being provided. We may also verify your information using third-party identity verification and screening services. If you do not provide the information we request, we may not be able to provide you with a product or service.

From time to time, we may also contact you to check that your information remains current. Our team will guide you through the process and let you know if anything further is required.

AML/CTF requirements apply when MST provides a product or service that is regulated as a “designated service” under Australian AML/CTF laws. This includes but is not limited to:

• ASX Equity Sales & Trading
• Corporate Advisory

For more information about MST’s business activities, please see Our Services.

MST handles personal information in accordance with applicable AML/CTF laws and the Privacy Act 1988 (Cth). We maintain measures designed to protect personal information from misuse, interference and loss, and from unauthorised access, modification or disclosure.

In some circumstances, MST may be legally required to disclose information to AUSTRAC, law enforcement bodies or other regulatory authorities.

For more information about how MST collects, uses, stores and discloses personal information, please see our Privacy Policy at mstfinancial.com.au/privacy-policy.