PRACTICAL

EXPERTISE

Independent AML/CTF evaluations for Australian reporting entities

ABOUT

Modern conference room with a large wooden table, four open notebooks, a large bowl, and a pitcher with glasses, in front of a floor-to-ceiling window showing a cityscape during dusk.

Reporting entities must arrange for an independent assessment of their AML/CTF Program at least once every 3 years.

We undertake independent evaluations of AML/CTF programs to help Australian businesses assess whether their AML/CTF program, risk assessment and controls are effective, practical and aligned with their financial crime risks.

We review AML/CTF programs, risk assessments, policies, procedures and controls to help reporting entities identify gaps, assess effectiveness and take practical remediation steps.

Our Process

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    Scope

    We confirm business type, designated services, maturity and scope

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    Document request

    You receive a tailored request list and upload key materials

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    Interviews and testing

    We review documents, conduct interviews and test controls

  • Geometric drawing of an outline square with sections divided by vertical, horizontal, and diagonal lines.

    Findings

    You receive a written report with recommended actions

  • People standing and talking inside a modern building with large windows overlooking a cityscape, including skyscrapers, under partly cloudy skies.

    Debrief

    We walk management or the board through findings and next steps