---
title: "AUSTRAC suspicious matter report"
url: "https://ailawframework.com/precedents/aml-ctf-the-practice-as-a-reporting-entity/form-austrac-suspicious-matter-report"
type: "precedent"
site: "AI Law Framework"
id: "a52ob-form-austrac-suspicious-matter-report"
area_id: "A52OB"
kind: "form"
ai_level: "yellow"
version: 1
task_ids: ["A52OB-X20260927-5", "A52OB-X20260927-6"]
law_stated_as_at: "2026-10-22"
---

# AUSTRAC suspicious matter report

> Link to the AUSTRAC suspicious matter report lodged in AUSTRAC Online. The page states the suspicion test and the time to report.

Canonical page: https://ailawframework.com/precedents/aml-ctf-the-practice-as-a-reporting-entity/form-austrac-suspicious-matter-report  
Law stated as at: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

- Kind: Form. A form to complete, or a guide to completing an official one.
- Practice area: [AML/CTF — the practice as a reporting entity](https://ailawframework.com/precedents/aml-ctf-the-practice-as-a-reporting-entity.md)
- Jurisdictions: Commonwealth
- AI level: Yellow. You and the tool draft together, with you directing. You check every statement you rely on.
- Law stated as at: 2026-10-22
- Status: Maintained. Checked on 2026-10-22 against the official form at austrac.gov.au and the authority it cites, for Commonwealth.

## When to use it

Use when a reporting entity, including a law practice that provides a designated service, has to submit a suspicious matter report. If all of the information making up the suspicion is privileged, the page says no report and no privilege form are required.

## Used for these tasks

- [Prepare the suspicious matter report](https://ailawframework.com/obligations/aml-ctf-the-practice-as-a-reporting-entity.md#A52OB-X20260927-5)
- [Decide what may be said to the client once a suspicion is reported](https://ailawframework.com/obligations/aml-ctf-the-practice-as-a-reporting-entity/decide-what-may-be-said-to-the-client-once-a-suspicion-is-reported.md)

## How AI may be used

Yellow. A tool may compare a working note with the current official form and list what is missing. The lawyer downloads the form, completes it and lodges it.

**AI may:**

- List the facts and documents the official page says to have ready.
- Compare a working checklist with the current downloaded form and mark gaps.
- Prepare a filing note that quotes only what the official page says.

**AI must not:**

- Do not copy the official form into a new document or file a retyped version.
- Do not invent a form number, fee, time limit or rule that is not on the official page.
- Do not draft, settle or sign an affidavit, statutory declaration or other sworn evidence.
- Do not lodge the form or tell the client it has been filed.

**The lawyer checks:**

- Submit through AUSTRAC Online. The page says a report is required even if the offender or suspected victim cannot be identified.
- Terrorism financing: 24 hours after forming the suspicion. Other suspicions: 3 business days after the day the suspicion is formed.
- A privilege claim that is not about terrorism financing can extend that time to 5 business days. The privilege form is separate.
- Which report form to use depends on when the business enrolled. Read the transition section on the current page.

## Authorities

- [Suspicious matter reports.](https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/reporting-us/suspicious-matter-reports)

## Official form

[Official form](https://www.austrac.gov.au/industry-and-business/obligations-and-guidance/your-amlctf-program/reporting-us/suspicious-matter-reports)

## Where this comes from

The official form is published by austrac.gov.au; this page is a completion guide. Last checked on 2026-10-22.

## Full text and drafting notes

The full text and the drafting notes are not part of this public page. Signed-in firm accounts can read them at https://ailawframework.com/precedents/aml-ctf-the-practice-as-a-reporting-entity/form-austrac-suspicious-matter-report and through the signed-in MCP connector https://ailawframework.com/mcp/firm.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*