6 May 2026
The updated FSC/FAAA customer identification forms (for various customer types) aim to help AFS licensees, financial advisers and product providers to standardise and manage their AML/CTF customer identification obligations.
While these forms do not constitute legal advice, they seek to help users meet their legal customer identification obligations under the AML/CTF reforms (from 31 March 2026), and the Applicable Customer Identification Procedures (ACIP) requirements under the previous AML/CTF Act as per the government’s transitional arrangements (see below).
These forms have replaced the previous 2017 editions. They are provided free-of-charge for FSC members. If your organisation is not an FSC member and you would like discuss access to these forms please This email address is being protected from spambots. You need JavaScript enabled to view it.. .
CUSTOMER ID FORMS
pdf Schedule 1: Individuals & Sole Traders
pdf Schedule 2: Australian Companies
pdf Schedule 3: Foreign Companies
pdf Schedule 4: Australian Regulated Trusts
pdf Schedule 5: Unregulated Australian Trusts & Foreign Trusts
pdf Schedule 6: Partnerships & Partners
pdf Schedule 8: Registered co-operatives
pdf Schedule 9: Government bodies
Transitional arrangements
The AML/CTF reforms that commenced on 31 March 2026 represent a significant shift for existing AUSTRAC reporting entities. To support implementation, the Government introduced a three-year transition period for the initial customer due diligence (ICDD) portion of the reforms. During this period, eligible entities may continue to apply existing ACIP until their systems are ready to comply with the new ICDD requirements.
Entities relying on this relief, must have documented transition plans (identifying the customer classes to which ACIP will continue to apply, and specifying transition dates for each class) in place by 1 July 2026.
The updated forms have been designed to support compliance under both frameworks. They reflect the new ICDD requirements while also accommodating the existing ACIP requirements for entities that are still transitioning.
Copies of client identification documents
The Office of the Australian Information Officer (OAIC) has issued new Privacy guidance for reporting entities under the AML/CTF Act.
This guidance clarifies that, during the Government’s transition period, the OAIC will apply a principles-based “reasonable steps” approach to the destruction or de-identification of personal information (including copies of client identification documents) once it is no longer required. This includes a requirement for entities to have a documented plan to progress towards compliance.
The updated forms capture key client information, including identification type, number and expiry date, supporting compliance with both the new ICDD requirements and the existing ACIP framework. Consistent with OAIC guidance, entities that continue to operate under ACIP may retain copies of identification documents in addition to completing the updated forms.
Currently held copies of client identification
Any copies of client identification currently held (pre-31 March 2026) must be retained securely for AML/CTF record keeping purposes for 7 years from the date service provision ceased.
Guidance Note
The FSC and FAAA are currently updating Guidance Note 24 to help users understand their AML/CTF CDD obligations and support use of these forms.
US TAX STATUS DECLARATION FORMS
These forms will shortly undergo review to incorporate tax content that was previously included in the AML Customer ID Forms.
pdf Schedule 11: US Tax Status Declaration Form – Individuals
pdf Schedule 12: Tax Status Declaration Form - Individuals
pdf Schedule 13: Foreign Tax Status Declaration Form – Entities