Tag: money laundering

Banking & Finance

What changes are the federal government looking to introduce regarding anti-money laundering legislation?

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 Test Test

Banking & Finance

Business

What are the biggest AML/CTF challenges for a multi-jurisdictional organisation?

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 Test Test

Technology

Dark economy, money laundering, the next universal currency – Cryptocon Sydney a great success

The inaugural Cryptocurrency Summit and Barcamp was a great success, thanks to all our knowledgeable and charismatic speakers and delegates. The two-day event took place at the Park Royal Hotel in Sydney on Thursday 24th and Friday 25th July, bringing together over 60 cryptocurrency experts, technology gurus and Bitcoin enthusiasts. Conversations were not confined by…

29 Jul 2014, by Test Test