Terminating a customer relationship – courts weigh in

Recent cases show that courts are reluctant to intervene when reporting entities operating in high-risk financial sectors, suspend or terminate a customer relationship after detecting a genuine change in money laundering or terrorism financing ("ML/TF") risk, causing the client to fall outside the entity’s risk appetite. There can be a variety of r...

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Jennifer Leng

AML/CTF Reforms

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Recent Updates

ASIC’s 2027 Corporate Plan

September 25, 2026

Terminating a customer relationship – courts weigh in

September 25, 2026

AUSTRAC’s recent action against Virtual Asset Service Providers and Independent Remittance Providers

September 18, 2026

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Terminating a customer relationship – courts weigh in

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