Our submission can be downloaded via link.
Guidance for AML/CFT Programme Audits was released by the New Zealand Department of Internal Affairs. Whilst not applicable in Australia it is informative with regard to Independent Reviews under AML/CTF Rule 8.6 (or 9.6) subject to the key differences between the two countries respective AML regimes.
During a recent post engagement review with a client the subject of pricing was raised. The client stated that they liked the fixed pricing that we offered. Unlike their hourly rate lawyers, our fixed price allowed them to feel free to discuss issues with pressure of being on the clock.
A win for our client, and a win for us.
New Zealand lawyers face AML obligations from 1 July 2018, accountants later in the year. Perhaps there Australian colleagues will over the next decade.
I was fortunate enough to be on the speaking panel for the Thompson Reuters AML Conference last week in Auckland. Over 70 lawyers, accountants, and other interested people attend this conference to hear from the New Zealand Police FIU, the Department of Internal Affairs (the supervisor), and several AML subject matter experts.
AUSTRAC v CBA is again major news. This time it is CBA’s Defence to the AUSTRAC Statement of Claim
In this session we will explore CBA’s Defence and how it might impact AML/CTF Programs.
We might even stray into the Amended Statement of Claim.
As ever, we won’t be commenting on the merits of the claim or any defence, only the allegations as they pertain to alleged breaches of the AML/CTF Act, especially aorund AML/CTF Programs.
Paddy Oliver, Managing Director, AML Experts (and a lawyer) will lead the discussions.
Tickets are free.
Bring your own lunch.