The AML/CTF Modification Invoice 2024 was tabled within the Australian Home of Representatives. The adjustments signify the most important set of reforms because the Act was launched and can have far-reaching penalties.
There’s a lot to unpack.
Regtech consultants Arctic Intelligence have produced an in depth abstract of the AML/CTF Modification Invoice 2024 adjustments that can influence the present and new reporting entities.
You’ll be able to obtain the white paper right here.