Insights
AML/CTF regulation for lawyers back on the table
Amidst the hurly-burly of pre-federal election chicanery and Budget 2022 hysteria, it would have been easy to blink and miss one of the more important Senate committee reports for lawyers in the last few years. Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreThe gathering storm – AML/CTF regulation for lawyers back on the table
OPINION PIECE: Amidst the hurly-burly of pre-federal election chicanery and Budget 2022 hysteria, it would have been easy to blink and miss one of the more important Senate committee reports for lawyers in the last few years. Federal Parliament’s final sitting week in March 2022 produced many shocks and revelations, but the Senate Legal and…
Read MoreAML insights that help set the global benchmark in compliance
Arctic Intelligence have produced their 2022 insights survey to gather data from financial crime risk and compliance professionals across the globe. The focus is to understand how organisations conduct their money laundering and terrorist financing governance. This survey delves into the intricacies of what Arctic Intelligence believes to be the cornerstone of every anti-money laundering…
Read MoreMoney laundering reform recommendations for ‘gatekeeper professions’
On 30 March 2022, the Federal Senate Legal and Constitutional Affairs References Committee (Committee) released its report regarding the adequacy and efficacy of Australia’s anti-money laundering and counter terrorism financing (AML/CTF) regime. The Committee’s report focused on the implementation of an AML/CTF regime applicable to designated non-financial businesses and professions (DNFBPs) (often described as ‘Tranche…
Read MoreSet them free
Ramp up your company’s response to modern slavery in 2022. For the first time, many directors are faced with the unfamiliar task of reviewing and approving their organisation’s modern slavery statement. The Global Slavery Index 2018 (GSI 2018) has estimated that on any given day in 2016, there were 15,000 people living in conditions of…
Read MoreIt’s all just a little bit of history repeating itself: How business risk assessments could help to reduce the de-risking of the crypto currency sector
Introduction In 2021, a Select Committee was set up in Australia to receive evidence on the country’s role as a technology and financial centre. Several different topics were canvassed, for which a variety of stakeholders made written submissions. One of these topics was the evolution of the cryptocurrency sector and the service providers who support…
Read More4 good reasons why crypto businesses should complete an AML/CFT business risk assessment
Introduction If you work for a cryptocurrency business (“business”), chances are you’re in the process of becoming or have recently been authorised by a financial services regulator. If you’re fortunate enough to have already been authorised, you may have been required as part of that process to submit an AML/CFT business risk assessment (“BWRA”). Depending…
Read MoreRegulation Asia Awards for Excellence 2021
Regulation Asia held its 4th annual Awards ceremony on Thursday (9 December) in an online event to announce the winners of the ‘Regulation Asia Awards for Excellence 2021‘. Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreThe Leader in regulatory compliance and risk management software
Arctic Intelligence believe that technology can play a greater role in how organisations manage their risk and compliance obligations, regardless of size, industry sector or location. Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreAustralian RegTech of the year winner, Arctic Intelligence forges global expansion with ICA partnership
ANNOUNCEMENT : Arctic Intelligence continues its growth trajectory by ending the last quarter of 2021 securing a strategic partnership with the International Compliance Association (ICA) headquartered in the United Kingdom. This deal is mutually beneficial for both parties as the ICA boasts an unsurmountable network of global regulatory and financial crime professionals around the world…
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