Digital Solutions

Anti-Money Laundering (AML) Compliance

Do you know your customer? Significant changes to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) may affect your business.

Cowell Clarke’s financial services team has extensive expertise in dealing with and managing Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) compliance and risks. We provide a full range of legal and regulatory services to reporting entities under the AML/CTF Act to assist them in ensuring that they are meeting their ongoing compliance obligations and other sanctions regulations both in Australia and overseas.

Our services include:

  • Acting as regulator liaison.
  • Providing forensic compliance and governance reviews in the style undertaken by local regulators such as AUSTRAC.
  • Providing specialist legal advice in relation to managing money laundering, terrorism financing and sanction risks.
  • Assisting with the enrolment of reporting entities with AUSTRAC.
  • Drafting AML/CTF Programs, risk appetite statement/policy.
  • Reviewing AML/CTF programs, customer on-boarding process and due diligence and AML/CTF controls.
  • Providing independent audits.
  • Advising on practical tips for managing your AML/CTF compliance risks.
  • Assisting with your day-to-day AML/CTF compliance issues.

Find out more

To find out more and get started, please submit the enquiry form below.

Make an Enquiry

Contact us to find out more.

Back to top