We recently wrote a piece asking if our clients are treating Anti-money laundering (AML)/Counter-terrorism financing (CTF) risk seriously enough. We asked that question in light of the stark change in the regulatory landscape over the last 12 – 18 months, particularly with AUSTRAC’s well-publicised actions against various major organisations in the banking and payment space. … Continue Reading
Anti-money laundering (AML) risk is fast evolving into one of the key risks any business has to manage. If companies get their AML risk management wrong, it can mean major reputational damage and massive value destruction for investors. After all, no one wants to be seen as an accessory to criminality. In AML and counter-terrorism … Continue Reading
