Banking & Finance
In December 2013, the federal government revealed that a statutory review of anti-money laundering legislation was underway. Justice Minister Michael Keenan said the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006 will be scrutinised in an effort to continue preventing criminal activity in this area. "The Coalition government is committed to protecting Australia's financial system,…
8 Sep 2014, by Informa InsightsBanking & Finance
Business
Warren Dickins, Financial Crime Officer at GE Capital International shed light on the biggest AML/CTF challenges for multi-jurisdictional organisations: If you are working in a financial crime role today in an organisation that operates in more than one jurisdiction, it will be no surprise to you that everywhere you look there are different challenges. Every additional jurisdiction…
18 Aug 2014, by Informa Insights