General

Why Superannuation and Pension Fund Managers are exposed to financial crime risk Superannuation and Pension Fund Managers are attractive to organised criminal networks because they control vast pools of long-term capital, manage complex investment structures and interact with multiple intermediaries, custodians, and service providers across jurisdictions, creating opportunities for the concealment or integration of illicit…

Why Bookmakers and Betting Agencies are exposed to financial crime risk The global betting landscape, encompassing online and retail bookmakers, pari-mutuel pools, boutique agencies and hybrid platforms is at the heart of highly dynamic financial flows, rapid transactional behaviour and increasingly complex regulatory expectations.  While industry growth continues at pace, so too does regulatory scrutiny…

Why Hotels, Pubs and Clubs are exposed to financial crime risk Hotels, Pubs and Clubs sit at the centre of local economies handling high volumes of cash, card and digital payments, whilst serving a diverse and often transient customer base engaged in gambling via Electronic Gaming Machines (EGMs). These same characteristics, however, also expose hospitality…

Why High-Value Goods Dealers are exposed to financial crime risk High-Value Goods Dealers are attractive to organised criminal networks because they trade in luxury assets – such as vehicles, yachts, artwork, jewellery, antiques, and designer goods, that can be purchased, resold or transferred to disguise the origin, ownership or value of illicit funds. Criminals may…

Money Laundering, Terrorism and Proliferation Financing Risk Assessments for Legal Professionals Why Legal Professionals are exposed to financial crime risk and how to respond with confidence Legal professionals are attractive to organised criminal networks because they can facilitate the movement, structuring and concealment of assets through the creation of trusts, companies, property transactions and client…

Why Virtual Asset Service Providers are exposed to financial crime risk Virtual Asset Service Providers (VASPs) are attractive targets for organised criminal networks because they facilitate rapid, cross-border and often pseudonymous value transfers across a diverse ecosystem of exchanges, wallets and tokenised instruments, creating opportunities to place, layer and integrate illicit proceeds through complex on-chain…

Why Financial Planners and Investment Advisers are exposed to financial crime risk Financial Planners and Investment Advisers play a trusted role in helping individuals and families manage wealth, plan for retirement and invest for the future. They often operate at the intersection of personal relationships, financial decision making and product distribution. While the sector is…

Gatekeeper professions—such as lawyers, accountants, real estate agents, and trust and company service providers (TCSPs)—serve as vital intermediaries within the financial system, providing services that allow clients to establish legal entities, facilitate transactions, and manage assets. These professionals, by virtue of their roles, are often the first line of defence against financial crimes, including money…

In the fight against financial crime, gatekeeper professions such as lawyers, accountants, real estate agents, and trust and company service providers (TCSPs) are essential in ensuring that the financial system remains transparent and secure. These professionals are often the first line of defence against money laundering (ML), terrorist financing (TF), and other illicit financial activities.…

Sanctions compliance is an essential aspect of ensuring the integrity of the financial system and mitigating the risks of money laundering, terrorism financing, and other illicit financial activities. For professionals in gatekeeper roles, including lawyers, accountants, real estate agents, and trust and company service providers (TCSPs), adhering to sanctions regulations is crucial not only for…