AML/CTF Reforms: What Our Clients Need to Know

A practical briefing on Australia’s new AML/CTF regime and how to prepare your business

Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) reforms are changing the way professional service providers, including law firms, collect and verify information from their clients.

As a result, we will be required to obtain additional information and documentation from many clients before we can provide certain legal services.

To help our clients understand these changes, marshalls+dent+wilmoth lawyers is hosting a complimentary webinar explaining what information we may need to request, why these requirements are changing, and how you can prepare for a smooth onboarding process.

What we’ll cover

During this session, we’ll discuss:

• Why Australia’s AML/CTF laws are changing
• How the reforms affect our relationship with you as a client
• The types of identification and verification documents we may need to collect
• Additional information we may need about individuals, companies, trusts and other entities
• Why we may ask questions about the purpose and nature of certain transactions
• What you can do now to prepare
• Answers to common client questions

Who should attend?

This webinar is designed for our clients, including:

• Business owners and directors
• Board members
• Company officers and decision-makers
• Trustees and beneficiaries of trusts
• Individuals seeking legal assistance with property, commercial or other transactions, such as property developers
• Anyone who may be required to provide identification or supporting documentation to our firm

Why attend?

We understand that requests for additional information can sometimes feel unfamiliar or burdensome. These changes are being introduced as part of a broader national framework designed to combat money laundering, terrorism financing and other serious financial crimes.

This webinar will help you understand what to expect, why we may request certain information, and how you can ensure matters proceed efficiently when engaging our firm.