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Gaming machine money laundering: What do operators need to do to comply with AML/CTF Laws

07/03/2023

Poker machine money laundering is in the spotlight again after concerns around serious and organised criminals targeting pubs and clubs to launder money. With the news regarding SkyCity, AUSTRAC has cited ‘systemic failures’ in the operator’s anti-money laundering and counter-terrorism financing (AML/CTF) programs, particularly regarding the failure to have a transaction monitoring program and to […]

Internal audit & risk advisory

31/01/2022

Our dedicated, hands-on team have gained a market reputation in internal audit and risk advisory in supporting local government, water authorities, health entities and the tertiary education sector. Our teams work deeply in each sector, so have an innate understanding of key risks, pressures from key stakeholders, changing legislation requirements, budgeting and finance constraints and […]

AML/CTF changes now in place

08/07/2021

Anti-Money Laundering & Counter Terrorism Financing (AML/CTF) reviews are currently in full swing, and the regulator is expected to step up proactive monitoring. Following criticism and concern regarding Australia’s customer due diligence requirements, amendments to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) (AML/CTF Act) were passed by parliament in December 2020, and these […]