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Home Forums Anti-Money Laundering and Counter-Terrorism Financing how identify regulatory changes that affect the aml/ctf program? Reply To: how identify regulatory changes that affect the aml/ctf program?

#4802 Reply

Andrew Ham
Member

Hi Linda,

Thank you your question.  It is understandably difficult to keep up with all the regulatory changes that will affect your AML/CTF program.  In addition to changes in the law, and the rules, AUSTRAC regularly releases guidance and legal interpretations that can affect your program.  You also need to remember to keep your risk assessments up to date.

We offer a tailored monthly regulatory update service that you can use to keep up to date with the law, the rules and feedback from AUSTRAC.  This is an interactive service that tells you when there is a change and where relevant will include a compliance tip that you need to consider updating your program.

 

Please feel free to contact our Financial Services Team if you require any further information or more detailed advice.

 

Author:  Andrew Ham (Senior Lawyer)

Co-contributor: Joanne Lee (Law Clerk)

Our new Sydney office on Martin Place just launched today!! We are very excited about this opportunity to service our Sydney clients.

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