This course explains what money laundering and terrorism financing is and the regulatory requirements and includes a practical workshop to help you develop your risk-based AML/CTF program.

It will give you the knowledge and skills to identify the risks of financial services businesses being unwittingly involved in money laundering and/or terrorism financing and to prepare or update an AML/CTF program for the purposes of complying with obligations under the Anti-Money Laundering and Counter-Terrorism Finance Act (Cth) (“the Act”).

Currently, this course is not a public seminar course. Rather, it aims to provide staff of an organisation with a relevant and practical course tailored to the organisation's specific circumstances.

Learning outcomes: 

 At the conclusion of this workshop, participants should be able to:

·      explain the purpose of the Act;

·      explain the role of AUSTRAC;

·      describe the legal requirements applicable to financial services providers AML/CTF activities;

·      describe and explain the framework of an effective risk management process; and

·      explain the essential features of an AML/CTF risk management program.

Templates for Part A and Part B AML/CTF programs

Kick start your AML/CTF programs by purchasing our templates.
 

AML legal assistance

The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 imposes a raft of obligations on businesses in the financial services sector and beyond. We can help.

Our associated law firm, Holley Nethercote Commercial Lawyers can assist in advising you as to your obligations, if any, under the new Anti-Money Laundering regime.

AML regulatory updates

We also offer tailored Regulatory Updates that include updates in relation to AML/CTF changes.

Leave a Comment / Ask a Question