APRA recently released its Policy Priorities and Supervision Priorities for 2023. Read the PFS Risk Consulting team’s essential guide to what your financial institution needs to know:
AML/CTF Tranche 2 legislation passed and now law!
The Anti-Money Laundering and Counter-Terrorism Financing Amendment (AML/CTF) Bill 2024 was passed in Parliament on 29 November 2024. The reforms to the existing AML/CTF act were driven by the need to: