The Australian Greens have introduced legislation in the Senate as part of a broader campaign to pressure the government to push ahead with Tranche 2 of the anti-money laundering and counter-terrorism financing (AML/CTF) regime
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OUTLOOK 2022-Australian regulators look to economic recovery in wake of pandemic pain
Australia’s key financial regulators have made a surprise decision to target economic recovery and resilience as one of their principal goals for the year ahead.
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Pandora Papers fallout: How to prevent corruption and tax havens
What can financial services firms do to ensure transparency, accountability, and better oversight over potential money laundering?
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Thomson Reuters Regulatory Intelligence, 13th Annual Cost of Compliance Survey 2022
Thomson Reuters Regulatory Intelligence has launched its 13th annual survey on the cost of compliance for regulated firms in the financial services industry.
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ASIC pushing ahead with world-leading rules to govern digital assets
The Australian financial conduct regulator is forging ahead with world-first rules to govern digital assets, including complex crypto tokens that allow for decentralised control in place of traditional boards.
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UN Int’l Anti-Corruption Day: The challenge with enhanced due diligence is how it’s implemented
No matter how perfectly crafted an organization’s policies, identifying when enhanced due diligence (EDD) is merited and how fine-tuned its procedures specifying how EDD will be conducted, workplace realities can impact who is undertaking the task and how backlogged their to-do list happens to be.
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Once-in-a-decade opportunity to improve NZ’s anti-money laundering regime
Ahead of the Anti-Money Laundering Online Conference, Gary Hughes examines the Statutory Review of New Zealand’s AML/CFT regime.
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UN Int’l Anti-Corruption Day: The peril of poorly done enhanced due diligence
With a shifting workforce, disrupted operations, and supply chain issues, many organizations may be compelled to do business with entities they would not previously have considered.
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Egmont helps FIUs and banks to detect extreme right financial flows, aims for best practice
The increasingly transnational spread of extreme right-wing terrorism warrants more involvement from financial intelligence units
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Top four regions for bribery and corruption revealed: Global Fraud and Risk Report 2021
The top four regions in terms of the threat of bribery and corruption have been identified as the Middle East and North Africa, Sub-Saharan Africa, Latin America and Asia Pacific
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