Risk Intelligence for Legal Professionals: A Guide to AML/CTF Compliance

With Australia’s AML/CTF Tranche 2 reforms on the horizon, law firm professionals can now draw on two decades of AML experience from the United Kingdom. Developed in collaboration with First AML and Actionstep, this whitepaper offers practical guidance to help Australian law firms navigate these changes with confidence.

Get insights from global AML expert Amy Bell—founder of Teal Compliance and Chair of the UK Law Society’s Money Laundering Task Force—on practical strategies and lessons to inform and build a compliance approach, effective AML programs, manage risk, and maintain compliance.

This whitepaper provides crucial insights for Australian law firms, including:

• The purpose behind AML legislation: Understand AML’s core objectives beyond compliance.
• Criminal endeavour or just good business? A look into ethical and legal business practices.
• Implementing a risk-based AML programme: Practical advice on creating robust AML frameworks.
• Real-life case studies: Explore examples of firms that successfully adapted to complex regulatory landscapes.
• Best practice for overcoming challenges in change management: Strategies to ensure a seamless compliance journey at your firm.

Empower your practice with knowledge and tools to meet Tranche 2 compliance requirements head-on.