Achieving AML/CTF compliance for the Legal Industry

The Anti-Money Laundering & Counter Terrorism Amendment Bill 2024 has been passed as law and major reforms to Australia’s AML/CTF regime will affect both existing and new reporting entities. Changes for the Legal Services sector will take effect from 1 July 2026 significantly reshaping your compliance obligations within the next 12 months.

During this session we will provide essential information on the key topics you need to know about, in order to achieve compliance with the new obligations.  These include:  

• The foundational step of understanding where and how you provide Designated Services
• Establishing controls to identify and manage circumstances where Legal Professional Privilege (LPP) applies
• The impact of needing to undertake Initial Customer Due Diligence before the provision of a Designated Service
• How achieving compliance will require both technical AML/CTF focus and expertise, as well as a change management and business adoption focus

Not the right fit for your business? We also offer a range of AML/CTF webinars tailored to specific industries. Please see the list below for more options:

Financial Services
Wagering
Real Estate