Chinese Investment and AML/CTF Obligations

Share on facebook
Share on twitter
Share on linkedin

china-1020914_1280AUSTRAC has recently released a statement in relation to guidance on Chinese investment in Australian property markets of which FX and CFD brokers should take heed given the large volume of clients and funds being received from China.

Read more about the advice that AUSTRAC gives to Financial Service Providers and AUSTRAC’s role in the industry on our Media Page or on Finance Magnates.

About The Author

Alicia Pevely

Alicia works across both Sophie Grace Pty Ltd and Sophie Grace Legal Pty Ltd with a particular focus on compliance and legal services. She manages the licensing and compliance aspects of the business. She is responsible for AFSL and ACL applications, variations and assists the compliance team in the implementation of compliance reviews. She provides ongoing compliance support and assists with the preparation of legal advice, commercial agreements and disclosure documents.