Practical Tips for Managing AML Reforms
(1 point in core area 2 - practice management and business skills)
With less than four months remaining until the commencement of the AML/CTF reforms, we explored the practical implications of the new legislative changes. Topics that were examined included understanding ongoing money laundering and terrorism financing risk, applying a risk‑based approach to onboarding and monitoring clients, implementing and maintaining sound governance arrangements, and reporting to and dealing with the regulator, AUSTRAC.
GRACE MASON
PARTNER | FINANCIAL CRIME
KORDAMENTHA
Grace provides AML/CTF and financial crime compliance, risk, and assurance advisory across financial services, banking, gaming, superannuation, remittance, digital currency exchanges and payments providers. She is experienced in advising on the design and operating effectiveness of AML/CTF frameworks and systems and aligning non-financial risk exposure with organisational strategy. She has extensive financial crime experience and has been responsible for driving transformational change and navigating complexity in regulatory, intelligence, and policy environments.
Working across regulatory, international, and intelligence functions at AUSTRAC for over a decade, Grace is experienced in leading strategic transformation and technology programs, including regional business engagement and program delivery in ASEAN and Europe.
RICHARD LEE
EXECUTIVE DIRECTOR | FINANCIAL CRIME
KORDAMENTHA
Richard is a pragmatic and insightful leader, with a broad career in financial crime prevention and detection. Richard has over 30 years’ experience in financial crime regulation and investigation, including executive leadership roles with Australia’s AML/CTF regulator, AUSTRAC. He has led teams responsible for enforcement, supervision and education of a broad range of industry sectors, represented Australia at major international AML forums and has acted as a financial crime expert on Asia Pacific Group mutual evaluations of member countries. He brings valuable experience that will assist businesses in meeting their financial crime challenges and preventing criminal exploitation.
DETAILS
- This is an on-demand webinar you can watch at anytime - a link and password will be sent to you when you register
- Cost: Members - Free
- CPD: Members will earn 1 CPD points in core area 2
- This event was recorded as part of the March Mastery on Wednesday 5 March 2026
- This recording will expire on 31 March 2026
Registration
| Member | Free | Register |
