Wednesday 29 October, 4:00PM AEST | Australia is on the brink of the long-awaited Tranche 2 AML/CTF reforms, and the impact on lawyers, accountants and other professionals will be significant.
The reforms will bring Australia in line with the UK, EU and other jurisdictions by mandating a risk-based approach to client due diligence, firm-wide risk assessments, and enhanced ongoing monitoring.
In this free webinar, VinciWorks’ AML experts Nick Henderson-Mayo and Naomi Grossman will break down what Tranche 2 means in practice, what lessons can be learned from the UK and Europe, and how you can prepare your firm before the laws take effect.
What we’ll cover:
- What Tranche 2 reforms are expected to require from lawyers and other professions
- Lessons from the UK and Europe on risk-based compliance
- Conducting practice-wide risk assessments that regulators expect to see
- Enhanced due diligence (EDD): triggers, challenges and best practices
- Source of funds and source of wealth: getting the client story right
- Ongoing monitoring, red flags, and how to avoid reputational risk
- The growing challenge of proliferation financing and its link to sanctions
Why attend?
Tranche 2 is coming fast. Firms that fail to prepare risk scrambling once obligations take effect.
This session gives you practical tools, case studies, and free resources to help you start building compliance frameworks now.
