Know Your Customer: From simplicity comes complexity
Insight Know Your Customer: From simplicity comes complexity
Australia’s AML/CTF reforms represent a fundamental shift from a prescriptive, compliance-based regime to a flexible, outcomes-focused framework – prioritising the effective prevention of money laundering, terrorism financing and proliferation financing, rather than merely following prescriptive rules.
Neil Jeans
Katherine Shamai
Martin Stone
Richard Storey
Annelies Homersham
| 6 min read |
Eight key changes to the new AML/CTF Rules for existing entities
Client Alert Eight key changes to the new AML/CTF Rules for existing entities
The final amendments to the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Rules, published on 30 August 2025, introduce a series of structural and operational changes following extensive consultation by AUSTRAC and industry feedback.
Neil Jeans
| 5 min read |