Tranche-2 is (finally) coming
What you need to know now about Australia’s AML/CTF reforms It’s increasingly likely that reforms to Australia’s AML/CTF Act (Tranche 2) will be implemented early 2025 and with the new laws likely to take force by 2026. It’s (finally) time for businesses to get ready . Australia has lagged the world in anti-money-laundering/counter-terrorism financing (AML/CTF) […]
Are you ready for DORA?
Designed to strengthen the digital resilience of the financial sector, the EU’s Digital Operational Resilience Act comes into force this January 2025’s focus on trying to get a handle on emerging technologies opens with the EU’s Digital Operational Resilience Act (DORA) which mandates that financial institutions and critical sectors strengthen their cybersecurity frameworks. It comes […]
SDT budget rises by an incredible 25%
Increase in response to a flood of cases referred by the SRA The Legal Services Board (LSB) approved a £3.1m budget for 2025 for the Solicitors Disciplinary Tribunal (SDT), up from £2.5m this year. The whopping 25% increase is in response to a deluge of cases referred by the Solicitors Regulation Authority (SRA). The SRA […]
Leading law firms join VinciWorks’ latest AML Core Group meeting
In a spirited series of conversations, over 30 firms gathered to share anti-money laundering (AML) best practices Over 30 of the UK’s leading international law firms joined VinciWorks for its recent AML Core Group meeting. The meeting, based on the concept that there is no competitive advantage in compliance, provides top firms with the opportunity […]
