The Anti-Money Laundering and Counter-Terrorism Financing Act (“AML/CTF“) imposes a risk-based approach to counter the money laundering problem.
The obligations under the AML/CTF Act are obligatory for a wide range of financial services organisations including financial services firms; banks; building societies; credit unions; superannuation funds; and on the gambling sector.
Here at Sophie Grace, we have demonstrated legal and compliance experience to comply with AML/CTF obligations in Australia. With skills in AML/CTF, risk identification and compliance framework design, clients are given confidence that their AML/CTF needs are not only met, but the procedures in place are effective and efficient.
We have included a variety of resources below to provide you with the information required to equip you with confidence when complying with your businesses AML/CTF obligations.
Sophie Grace will work with your organisation to achieve compliance with all of these obligations. Contact us for further information on your AML/CTF obligations.