Anti-Money Laundering—Where are we? And what next?
11 June 2019
The re-election of the federal Coalition government brings with it the likelihood of continued expansion of the Anti-Money Laundering / Counter Terrorism Financing (AML/CTF) regime. Tranche 2 of the AML/CTF regime is likely to impose a number of reporting and due diligence obligations on practitioners at significant cost to firms.
Read more about the anticipated inclusion of legal practitioners in Tranche 2 in our latest blog on First Reading.