Compliance & Regulatory
Our commitment to regulatory compliance and transparent operations.
AUSTRAC Registration Status
ELRC TRADING Pty Ltd is a registered reporting entity with AUSTRAC, the Australian Transaction Reports and Analysis Centre.
Digital Currency Exchange Provider
Registration Number: DEC100894298-001
ELRC TRADING is registered as a Digital Currency Exchange (DCE) Provider, authorised to provide digital currency exchange services in Australia.
Independent Remittance Dealer
Registration Number: IND100894298-001
ELRC TRADING is registered as an Independent Remittance Dealer, authorised to provide remittance services in Australia.
AUSTRAC Account Number: 100894298
Our registration can be independently verified on the AUSTRAC public register.
AML/CTF Compliance Programme
ELRC TRADING maintains a comprehensive AML/CTF programme in accordance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth).
Our Programme Includes
- Know Your Business (KYB): All clients must complete comprehensive KYB verification before account activation, including ASIC extracts, director identification, and UBO declarations.
- Sanctions Screening: All counterparties are screened through ComplyAdvantage for sanctions, Politically Exposed Persons (PEPs), and adverse media.
- Transaction Monitoring: Ongoing monitoring of all transactions for suspicious activity, with automated alerts and manual review processes.
- Record Keeping: Comprehensive transaction records maintained in accordance with AUSTRAC reporting and record-keeping obligations.
Regulatory Obligations
- Suspicious Matter Reports (SMRs): Submitted to AUSTRAC where required.
- Threshold Transaction Reports (TTRs): Filed for transactions meeting prescribed thresholds.
- International Funds Transfer Instructions (IFTIs): Reported as required under the AML/CTF Act.
- Staff Training: All staff receive regular AML/CTF training and are assessed on their understanding of compliance obligations.
- Independent Audits: Regular independent reviews of our AML/CTF programme effectiveness.
Service Restrictions
To maintain the highest standards of compliance, ELRC TRADING applies the following service restrictions:
Client Eligibility
ELRC TRADING exclusively serves Australian registered businesses (legal entities). We do not provide services to retail individual clients.
Restricted Jurisdictions
We do not provide services to entities or individuals in jurisdictions subject to comprehensive sanctions by Australia, the United Nations, or OFAC.
Governance & Policy Documents
ELRC TRADING maintains comprehensive governance and compliance documentation. Institutional partners and prospective clients conducting due diligence may download the following documents directly.
Governance & AML/CTF
ELRC corporate governance framework and structure overview.
Standard operating procedures for anti-money laundering and counter-terrorism financing.
Procedures for sanctions and PEP screening via ComplyAdvantage.
Declaration of ELRC's regulatory compliance status and obligations.
Operational Policies
Policies governing data protection, access controls, and cybersecurity.
Plans for maintaining operations during disruptions and disaster recovery.
Third-party vendor due diligence and ongoing management framework.
AML/CTF training records and staff competency assessments.
Sample audit trail demonstrating transaction record-keeping practices.
Due Diligence Questionnaires
AML due diligence questionnaire for prospective business clients.
AML due diligence questionnaire for financial institution counterparties.
For questions about any of these documents, please contact compliance@elrctrading.com.
Legal Documents
The following legal documents govern our services and your use of this website: