Congratulations to our new Partners and Principal. Read more now.
By: Neil Jeans, Katherine Shamai, Martin Stone, Richard Storey, Annelies Homersham
05 Nov 20254 min read
Boards and management teams have an important role to play and are accountable for ensuring their organisation complies with anti-money laundering and counter-terrorism financing laws. Failing to act can lead to serious legal, financial, and reputational consequences but by staying informed and seeking expert advice, Boards and management teams can make better decisions, protect stakeholders, and support a culture of compliance and integrity within their organisation.
Grant Thornton is a leading specialist in AML/CTF risk management and can assist businesses by providing tailored AML/CTF risk management and compliance services, including expert advisory and support services, AML/CTF Program development (ML/TF risk assessment and AML/CTF policies and procedures), and support on regulatory engagement and remediation.
Our team of AML/CTF specialists leverage our propriety AML/CTF tools, accelerators and leading frameworks, to work closely with you to create a bespoke program to achieve the right risk management outcomes -pragmatically, efficiently and effectively. This is proven by our unique track record of high profile, complex engagements focused on AML/CTF risk management and compliance across all industry sectors, spanning both existing and new entrants to the AML/CTF regime.
Leading the national Financial Crime team at Grant Thornton is Neil Jeans, Partner – Risk Consulting who has a unique background in financial crime risk management spanning almost 30 years, including working at senior levels managing AML/CTF, Sanctions and Anti-Bribery compliance across Australia and worldwide. Neil is supported by the highly experienced Katherine Shamai, Martin Stone, Richard Storey and Annelies Homersham. Our team has significant experience working directly with over 200 New Zealand reporting entities through their AML/CTF compliance journey since 2018. We have also worked closely with AUSTRAC recently on a number of Tranche 2 industry engagement initiatives, bringing deep insights and practical guidance. Whether you're navigating regulatory requirements for the first time, or strengthening your risk framework to maintain compliance, we're here to help you move forward with confidence.
Reach out to us today to learn more about the AML/CTF reforms and how we can help you and your business minimise costs, while also becoming compliant and making a practical plan for the future - a plan your Board and management teams can feel confident in.
Understanding changes to AML/CTF obligations and the Privacy Act: what reporting entities need to know.
From 1 July, the updated AML/CTF regime takes effect for Tranche 2 organisations including the real estate industry. There is already commentary, interpretation and subsequently confusion in the aged care market.
The AML/CTF Amendment Bill 2026 gives AUSTRAC new powers to restrict or prohibit the use of high‑risk mechanisms such as crypto ATMs by reporting entities.
