Built for Australian bullion, jewellery, precious-metal and gemstone dealers
AML/CTF software for precious metals and stones dealers
AML/CTF workflows for Australian bullion, jewellery, precious-metals and stones dealers, with separate bullion and A$10,000 physical-currency or virtual-asset transaction rules.
Browse the complete AML/CTF library for Precious metals and stones dealersDesignated services this workflow recognises
The legal trigger is the service being provided, not the professional title. The workspace records a decision for each engagement or matter.
- Buying or selling bullion in a bullion-dealing business
- Buying or selling regulated precious items for A$10,000 or more in physical currency, virtual assets or both
- Single or linked regulated payments that aggregate to the threshold
See a customer transaction move through the workspace
This representative, fictional record uses the same terminology and sequence shown to precious metals and stones dealers in Cassandra AML. No personal information is shown.
Dealer transaction example
Gold bullion purchase
Customer transaction work
- Enrol with AUSTRACComplete
Record your AUSTRAC enrolment number and confirmed status so the business's transition timing is documented beside the workbench.
- Complete the risk assessmentComplete
Document the dealer's designated services, customer types, delivery channels and AUSTRAC risk factors, including the A$10,000 payment threshold.
- Create policies and processesCurrent
Build or upload the AML/CTF policy and process that governs escalation triggers, internal controls and risk-based customer handling.
- Onboard your staffNext
Nominate the governing body, compliance officer, senior manager and client-facing staff, then assign each person's access and roles.
- Complete staff trainingNext
Deliver AUSTRAC risk-based AML/CTF awareness training to every staff member and keep completion evidence current.
- Onboard and monitor customersNext
Verify and screen customers, apply the under-A$5,000 bullion initial-CDD exemption only when appropriate, and keep linked-payment monitoring, TTR preparation and escalation current.
Evidence ready for organisation review
- Customer identity, exemption and enhanced-review records
- Transaction and regulated-item descriptions
- Physical-currency and virtual-asset linked-payment aggregation
- Risk, screening and escalation decisions
- Applicable TTR export, lodgement and receipt records
Cassandra AML assists your compliance work; it does not provide legal advice, guarantee compliance or imply AUSTRAC endorsement.
Practical AML/CTF guidance for Precious metals and stones dealers
Start with the profession pillar, then use the focused guides for the exact service, customer or control you are handling. Each article links to primary AUSTRAC or legislative material.
Questions precious metals and stones dealers ask
Are all precious metals and stones dealers automatically regulated by AUSTRAC?
No. AML/CTF status depends on whether the business provides a designated service with the required Australian geographical link, not the professional title alone. Assess each service and obtain advice where the boundary is uncertain.
What should precious metals and stones dealers record for an AML/CTF review?
Keep the service-scope decision, customer and beneficial-owner evidence, risk assessment, screening and escalation decisions, approvals, reporting records, training and current program governance evidence.
Does Cassandra AML replace legal or regulatory advice?
No. Cassandra AML organises compliance work and evidence. It does not give legal advice, guarantee compliance or imply AUSTRAC endorsement.
Assess the items, value and payments before completing the sale.
Open a dealer workspace with bullion, precious-item, linked-payment, customer-check and reporting terminology ready from day one.