Anti-Money Laundering (AML)

Understand AML/CFT compliance requirements for firms in Australia and New Zealand. | Learn to identify potential money laundering risks. | Discover strategies for implementing effective AML measures without disrupting your firm’s operations.

Event Recording

5 December 2024

AML Compliance for Law Firms: Practical Strategies from AML Veterans

In an era where local money laundering schemes hit $10b and others are described by seasoned investigators as “eye watering” law firms are already starting to think about what needs...
Practice Management and Business Skills
Technology & Knowledge
ACCESS
Article

21 November 2024

Customer Due Diligence in Law Firms: Money and matters – Part 7

With the introduction of the AML/CTF Bill 2024, law firms have approximately 18 months to change how they do business fundamentally. Read the latest in-depth article from First AML.

First AML
Financial Management
READ
Article

1 November 2024

AML Risk Assessments: Money and matters – Part 6

In their latest article, First AML outline the basis of all AML programmes - the risk assessment.

First AML
Financial Management
READ
Event Recording

9 October 2024

True crime: Inside Melbourne’s Most Sophisticated Money Laundering Syndicate

In August this year it was revealed that a major sting, coordinated by Victoria Police, the Australian Crime Intelligence Commission and AUSTRAC, caught two criminals involved in an ‘eye-watering’ money...
Practice Management and Business Skills, New Zealand CPD
Operational Management
ACCESS
Article

20 August 2024

Money laundering red flags: Money and matters – Part 5

In Part 5 of their series 'Money and Matters: A lawyer's guide to navigating Tranche 2', First AML tell us what to watch out for and how to avoid both reputational damage and fines.

First AML
Financial Management
READ
Article

4 July 2024

Setting up a robust AML programme for your law firm: Money and matters – Part 4

Staying compliant: For Australian law firms, the concept of Tranche 2 AML/CTF legislation is becoming a matter of 'when' not 'if'.

First AML
Financial Management
READ
Article

11 June 2024

How Law Firms Can Navigate Anti-Money Laundering Regulations

This article unpacks the current AML regulations for law firms in Australia, and New Zealand, explains the best practices for implementing robust AML procedures, and lists the top AML tools available to Actionstep customers.

Actionstep
Operational Management
READ
Event Recording

14 May 2024

NZ | How AI-driven Tech Prevents Identity Theft, Fraud & Reduces Risk

Currently, a staggering 90% of identity document fraud are document spoofs (presentation attacks). These fraudulent IDs are presented digitally, such as on a mobile phone, or as physically altered documents....
New Zealand CPD
Operational Management
ACCESS
Article

16 April 2024

Navigating AML Tranche 2: A Strategic Roadmap for Australian Law Firms

Part 3: Law Council of Australia (LCA) submission and other perspectives.

First AML
Financial Management
READ
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