AUS: Don't wait for Tranche II - Learn about financial crime risk now.

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AUS: Don't wait for Tranche II - Learn about financial crime risk now.

Tuesday, 13 August, 2024 - 09:08

Place of Release - town/country

London, UK

Financial Crime Risk and Compliance: Vortex Centrum Ltd

Summary

Lawyers and others in Australia have long delayed the imposition of regulations to require them to detect, deter and report money laundering and other offences.

But pressure has been mounting and finally the Australian government has recognised that it Tranche II of its financial crime regulatory regime must be brought into effect soon. "Soon" may be as early as Q1 2025.

In October 2024, Nigel Morris-Cotterill, a pioneer in financial crime risk and compliance and himself a former legal practitioner and the author of several books including the forthcoming "Financial Crime and Lawyers" (a provisional title) will take undertake a seminar tour of the Capital Cities of Australia .

Story

There are widely quoted figures from the Australian Bureau of Statistics saying that there are in excess of 22,000 legal services firms in Australia. Tranche II applies to legal services providers, accountants, trust and company service providers, real estate agents and dealers in precious metals and stones. The Attorney General has said that he intended to bring forward legislation to bring Tranche II into force before the end of 2024 – although the actual in-force date remains a mystery hence our estimate of Q1 2025.

In each city, there will be two linked seminars for a maximum of 50 persons per seminar. There are 16 days across 8 cities in four weeks.

Darwin > Brisbane > Sydney > Canberra > Hobart > Melbourne > Adelaide > Perth

Full information:

Company address and contact information

Full information and booking https://financialcrimeriskandcompliance.com/elan/web/training_and_educa…

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