Compliance, Governance and Risk
Enterprise Risk Management
AML CTF Programs supports Enterprise Risk Management for organisations covered by Australia’s AML/CTF regime, focusing on the building blocks of a compliant program: a nominated compliance officer, trained staff, know your customer (KYC) checks on clients and readiness to report suspicious matters.
- Covers appointing an AML/CTF Compliance Officer, giving the business a named owner accountable for the program and its regulatory obligations.
- Addresses training staff so employees understand their AML/CTF duties and how the program applies to their roles.
- Includes KYC checking of clients as part of the program’s controls, supporting orderly customer due diligence.
- Prepares businesses to report suspicious matters, so escalation and reporting arrangements are in place before they are needed.
Best for: Australian businesses subject to AML/CTF obligations that need a structured compliance program established, from compliance officer appointment through to suspicious matter reporting readiness.