AML Compliance Services
AML Compliance Services
Back to ServicesCowell Clarke helps both large and small businesses comply with their legal obligations under Australia’s laws for preventing money laundering and terrorism financing.
We offer a range of anti-money laundering (AML) and counter-terrorism financing (CTF) services that we can tailor and package to suit your business’ unique circumstances and needs.
Compliance Services
Our services include:
expert advice on your legal obligations under the AML Act and AML Rules, including your obligations to enrol with AUSTRAC and collect KYC information
the preparation and implementation of a bespoke AML Program that satisfies all applicable legal requirements
a detailed assessment of the specific money laundering and terrorism financing risks faced by your business
an independent review of your AML Program and AML/CTF compliance
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Specialised Sectors
We specialise in providing these services to the following sectors:
fund managers and other financial services industry participants
pubs, clubs and casinos that operate electronic gaming machines (pokies)
remittance service providers (money transfer businesses)
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Our team has extensive experience helping clients establish, review and update their AML/CTF compliance frameworks to effectively mitigate the myriad risks posed by money laundering and terrorism financing.