AML/CTF for Managers and Staff - Pubs and Clubs

This webinar includes an introduction to the key requirements under the Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006 including:

• AML/CTF programs
• customer identification for large wins
• ongoing customer due diligence
• risk management
• reporting to AUSTRAC and
• record keeping.

Dedicated webinar just for your gaming venue

To book a webinar or on-site training at a time convenient for you, contact GOVLAW on info@govlaw.com.au .

Image courtesy AFP

The value of AML/CTF risk training for Governance

The external experts’ report commissioned by Westpac in response to the AUSTRAC allegations stated that the Westpac board risk committee had received training in AML/CTF compliance in late 2017.

Currently, Westpac shareholders are out $1.3 billion and more (in reputational damage and advertising costs - it was hard to miss the blanket rescue helicopter commercials) from the non-compliance dating back to 2013. If only the Board had received GOVLAW training early on…

AML/CTF training invaluable for Directors / Committee members

AUSTRAC has settled with Crown Casino for $450 million. The NSW inquiry into the Crown licence for the new Sydney casino found that:

In the circumstances of the devastating outcomes for Crown in this Inquiry, it is

suggested that the [NSW Regulator] introduces a requirement for all directors of any...

casino... provide certification of the completion of appropriate AML/CTF education, supplemented annually. [emphasis added]

What could the value of AML/CTF training be to your business?

FAQs

What is included?

• Webinar, question and answer and any group exercises.

• Key presentation slides - licensed for personal use only.

• A certificate of attendance can be emailed on request.

Can a colleague use the webinar link in my place, if I get too busy?

No problem. Just give them the link and passcode. Of course, this can only be used once.

Can our team watch the webinar but only pay for an individual ticket?

Pricing is based on the honesty system. If attending as a workplace group, please purchase a ticket for each staff member.

Is this confidential?

The ‘Chatham House rule’ applies. GOVLAW reserves the right to use de-identified insights from group discussion on industry trends for professional development and academic purposes.

© GOVLAW 2023

Looking for a seminar on-site at your business?

AML/CTF training is available at your Hotel, Club or Pub, casino or other reporting entity.

Image courtesy Australian Federal Police