AML/CTF Tranche 2: What you need to know
Murray Lawson, Senior Director of Global Risk and Investigations at FTI Consulting, discusses the upcoming implementation of Tranche 2 of Australia’s AML/CTF Act and how it will impact lawyers, conveyancers, real estate agents and accountants. Learn how your business can start putting processes in place to build a culture of compliance and ensure due diligence.
"I strongly suspect Tranche 2 will come into effect in 2018; the legislation seems on track. There will be challenges, but compliance shouldn’t be viewed as a cost on the business, rather it should be a way of managing the risks that good opportunities present you. Get educated about what the requirements are going to mean for your business, and have conversations about what information you’re already collecting and what changes will need to be made"
- Murray Lawson
Host: Tory Ishigaki has been the Content Manager at InfoTrack since September 2015. Before moving to Australia, she completed an Honours Bachelor of Business Administration, obtained her Juris Doctor and was called to the Bar of Ontario in Canada. She has volunteered in a community legal aid clinic, a legal technology and entrepreneurship clinic, and worked in litigation at the Discipline Department of the Law Society of Upper Canada.