The Latest in Anti-money Laundering and Counter-terrorism Financing: What You Need to Know
Emma Hunter, founder and Supporting Chair of Baker McKenzie's Global AML/CTF Group and our resident AML/CTF specialist, has recently returned from speaking at the 8th Annual Association of Certified Anti-Money Laundering Specialists (ACAMS) Asia Pacific Anti-Money Laundering and Financial Crime Conference in Beijing.
In this alert we share:
- firsthand insights on the upcoming compliance challenges facing reporting entities throughout Asia Pacific;
- five key take-aways from the Attorney-General's Department Report on the Statutory Review of the Australian Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) (the AML/CTF Act); and
- thoughts on the recent finalisation of the Privacy Impact Assessment (PIA) on the draft amendments to Chapter 4 of the AML/CTF Rules.