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.
Five situations, in plain words
Illustrations of questions precious metals and stones dealers meet. Not customers, and not a decision for your file.
Selling bullion in a bullion business is covered, even for a small amount.
A jewellery sale under the threshold, paid normally, may not be the bullion rule.
A precious-item sale of A$10,000 or more in cash or virtual assets is covered.
Two linked payments that add up to A$10,000 count together. Do not split them to avoid the check.
A bullion sale under A$5,000 can still be covered. The identity exemption is a separate test.
Work that can be covered
- 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
What to keep on the file
- 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
Guides for precious metals and stones dealers
- For precious metals dealers6 min
Australian AML/CTF obligations for jewellers, precious-metals, stones and products dealers and bullion dealers: regulated items, payment thresholds, linked transactions, CDD and reporting.
- Jeweller AML/CTF obligations6 min
A practical guide to when Australian jewellers are regulated, what their AML/CTF program must cover and how CDD, linked payments and reporting work at the counter.
- Linked precious-item transactions6 min
How jewellers and precious-items dealers identify linked cash and virtual-asset payments, recognise the A$10,000 service threshold and keep TTR analysis separate.
- Bullion dealer operations6 min
A day-to-day Australian bullion compliance guide covering designated services, the sub-A$5,000 initial-CDD exemption, monitoring, TTRs, SMRs and evidence.
- Cash and virtual-asset red flags6 min
A frontline Australian guide to suspicious customer, payment, product, delivery and jurisdiction indicators for jewellers and precious-items dealers.
- Dealer checklist3 min
A transaction-level AML/CTF checklist for Australian precious-metals, stones and products dealers: thresholds, CDD, linked transactions and reporting.
- Jeweller risk assessment3 min
How jewellers and store-based dealers build a proportionate AML/CTF risk assessment across products, customers, cash, repairs and consignment.
- Coins and legal tender3 min
How Australian dealers should classify gold and silver coins, legal-tender questions, bullion versus precious-items thresholds and the records to keep.
- Dealer refunds and third-party payments3 min
Connect purchases, returns, requested refunds and third-party involvement to a factual review without assuming every unusual retail transaction is criminal.
Questions precious metals and stones dealers ask
Are all precious metals and stones dealers regulated by AUSTRAC?
No. It depends on whether the business provides a designated service with the required Australian link, not on the professional title. Assess each service and take advice where the boundary is uncertain.
What should precious metals and stones dealers keep for an AML/CTF review?
The scope decision, customer and beneficial-owner evidence, the risk assessment, screening and escalation decisions, approvals, reporting records, training and the current AML/CTF program.
Does Cassandra AML replace legal advice?
No. It organises compliance work and evidence. It does not give legal advice, guarantee compliance or imply AUSTRAC endorsement.