To give members the opportunity to engage directly with AUSTRAC and hear guidance on how the industry can prepare for better compliance, collaboration and financial crime management, AFIA CEO, Diane Tate hosted another instalment of our webinar series ‘Talking Financial Crime with AUSTRAC’.
AUSTRAC's National Manager of Education, Capability & Communications, Bradley Brown delved into AUSTRAC's key priorities, financial intelligence activity, trends in financial crimes & preventative actions, recent enforcement activity, and working with the industry on upcoming reforms and consultations.
The session covers:
AUSTRAC’s non-bank lending and financing sector risk assessment and mitigation strategies
reforms to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act)
AUSTRAC’s New financial crime guide – warning the finance sector and Australians about ‘cuckoo smurfing’
The Financial Action Task Force - recent updates relating to international AML/CTF standards.