Tax Evasion is Illegal, but not an Offence. Does AUSTRAC Understand its Own Risks? Governance, Risk & Compliance

Unlike some countries (such as the US), Australia’s legislative references to tax “evasion” do not refer to a criminal offence or even a category of criminal offences.

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2021 Australia: State of the Legal Market Report Benchmarking

Australian firms have been hailed a “beacon of innovation” fueled by technology, necessity and crisis. How are they maintaining resilience in 2021?

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Transaction monitoring must sit at heart of AML compliance, says top enforcement lawyer Governance, Risk & Compliance

Regulators will seek evidence of a nuanced and comprehensive transaction monitoring program when they undertake supervision and enforcement work.

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Money laundering by gambling: Regulatory gap or green light? Governance, Risk & Compliance

News of Barangaroo Crown Casino’s alleged non-compliance with AML/CTF laws late last year raises the perennial question of how to best regulate the gambling industry.

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How Powerful are ASIC and AFCA? Federal Court Sheds Light Legislation and Case Law

Each time a challenger takes ASIC or AFCA to court, it is always telling to see how it plays out. Essentially, we get to learn more about the reach of their powers.

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“Remarkable Adaptability” – How the World has Adjusted to Working from Home Leadership

“Working from home full-time is an entirely different experience, particularly working from home for an extended period of time, which can be fairly stressful,” said Kevin Luo, Assistant General Counsel; GM, Asia-Pacific R&D Group Legal at Microsoft.

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