Whistleblowing systems form part of a company’s corporate governance and risk management profile, so compliance with the new laws is a top priority and an area of key concern.

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Westpac failed to report over 19.5 million International Funds Transfer Instructions to AUSTRAC over nearly five years for transfers to and from Australia.

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Keeping in mind the trends that arose in 2018, Practical Law has set out a number of steps that a company and, in particular, its board, can take to best prepare for their 2019 AGM.

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There is simply no evidence that larger clients choose to work with larger firms more often or that smaller clients prefer smaller firms, argues argues Bill Josten from the Legal Executive Institute.

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