AML/CFT

DIA AML/CFT National Roadshow

• Carolyn Cody - Training, Liaison and Compliance Manager, Financial Intelligence Unit
• Jamie Lynch - Senior Compliance Officer, AML/CFT Team, Regulatory Services, Department of Internal Affairs
• Mike Stone - Manager, AML/CFT Team, Regulatory Services, Department of Internal Affairs

Lawyers and conveyancers will be covered under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 from 1 July 2018 onwards.

All lawyers and conveyancers are keen to learn more about how the Anti-Money Laundering and Countering Financing of Terrorism Act will affect them.

This recording will help you determine whether activities you carry out are covered by the Act and what you need to do to be ready for 1 July and beyond.

As the regulator, the Department of Internal Affairs is running a series of in-person workshops throughout out March 2018. This recording covers the same content online for those who could not make it to a workshop.

Resources

• Download PowerPoint Slides (PDF)

AML / CFT Act

Presenter: Kate Reid - Department of Internal Affairs 

Phase II of the AML/CFT Act extends the regime (in stages over two years) to include lawyers and conveyancers, accountants, real estate agents and high-value dealers. Lawyers and conveyancers are the first to be covered by the new provisions, and must be compliant with their AML/CFT Act obligations by 1 July 2018. The Department of Internal Affairs (DIA) will be the supervisor.

Resources

• Download PowerPoint slides (PDF)