Get Under the Bonnet of the AML Act: Seminar Series

Getting Under The Bonnet Of The AML Act

Do you want to know more about how the AML Act and AML Rules work in your business? Paddy Oliver will be hosting a series of seminars focusing on the more challenging and problematic areas of the AML Act. Paddy has been working with clients around the AML Act and advising on it the start of the AML regime way back in 2006.

Topics have been chosen from the advice we have given, and many of the questions that we have answered, over the years both as AML advisors and AML/CTF Program Independent Reviewers.

Topics will include:

  • Sect 41 - What is reportable as a suspicious matter as Sect. 41 is broader than you think;
  • Independent Review - how to scope and plan for an Independent Review;
  • Beneficial ownership;
  • AUSTRAC Notices - what are they, and what to do if you get one;
  • KYC - how can you use the AML rules to improve your KYC processes and reduce costs;
  • Rule 28 - KYC when businesses merge;
  • AML obligations for lawyers;
  • And many more.

Sign up here to receive details.

http://eepurl.com/c0tFzv

The sessions will be held in Melbourne for those working in reporting entities, regulators, legal regulators and the like. Free for those but consultants and advisors will have to pay to attend.

Paddy Oliver leads the team at AML Experts. Paddy has extensive experience as a lawyer and compliance management consultant. Importantly for you, he is an experienced Independent Reviewer and Auditor. That means AML Experts is your one-stop-shop for AML Act and AUSTRAC compliance. Paddy can be contacted here.

Recent AML Insights

Browse our blog for the latest opinion and resources for business leaders.

AfterPay: Post External Audit What Next?

Crime and Punishment, or more accurately non-compliance and potential punishment. What will happen to AfterPay post the External Auditor’s report and recommendations? AUSTRAC is on the horns of a dilemma: does it punish AfterPay for “historic non compliance” (although historical might have been a better adjective Mr External Auditor) with the AML Act; or does …

AfterPay: Post External Audit What Next? Read More »

Independent Audit Guidance

Guidance for AML/CFT Programme Audits has been 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. Guidance download here. Some of the key points: …

Independent Audit Guidance Read More »

PayPal Notice to Appoint Auditor

AML/CTF Program Governance Raises Its Head Again Like the AfterPay Notice to Appoint an External Auditor, the Notice issued to PayPal takes a little deciphering, especially around the AML/CTF Rule numbers. I understand why the Notices are written in this way as they are for the reporting entity (and the External Auditor): however, only stating …

PayPal Notice to Appoint Auditor Read More »

Email SubscriptionSubscribe now to receive breaking news and helpful information on AML/CTF.
Scroll to Top