Neil has a unique background in financial crime risk management, spanning 25 years. This includes working within Law Enforcement agencies investigating financial crime, including domestic and international fraud and money laundering, and also as a Financial Services Regulator, developing AML regulation and supervision techniques.
Neil has also worked at senior levels managing AML, Sanctions and Anti-Bribery compliance across Europe, the US, Latin America, Asia and Australia within three major European financial services companies and one of the major Australian banks.
Neil has extensive experience in designing and implementing policy and controls to address AML/CTF and TFS compliance and since August 2012 has been working as an independent consultant advising financial institutions in Australia and globally on AML, Sanctions and Anti-Bribery matters.
In addition, Neil is member of the faculty and lectures as part of the International Compliance Association (ICA) Diploma of Applied Anti Money Laundering and Counter Terrorism Management, is a founding member of the SWIFT Sanction Advisory Group, and has regularly attended the Private Sector Expert forum of the Financial Action Task Force (FATF).
He was founding Joint-Chair of the Association of Certified Anti-Money Laundering Specialists (ACAMS) Australasian Chapter, and has been a member of the UK Joint Money Laundering Steering Group (JMLSG) Board.
Since August 2011 Neil has been working as an consultant advising organisations in Australia and globally on AML/CTF, and TFS matters, including a major global provider in financial crime risk management solutions, developing innovative solutions to address global challenges in the area of customer due diligence.
Neil was the AUSTRAC appointed expert witness in the civil claim against CBA, which resulted in a $700 million settlement.
Jane has extensive experience of office management within the criminal justice and financial services sectors. Jane manages and leads Initialism’s back office and accounts team.
Jane has extensive office management experience, previously holding positions with the UK Crown Prosecution Service Special Casework Division, a major public transport utility, a Lloyds of London insurance broker, and an Insurance and Risk Managers association whose members include company secretaries, finance directors, internal auditors, and risk and insurance managers.
Jane holds a Bachelor of Arts Degree in English Literature, a post-graduate Diploma in Criminology and Prison Studies, and also holds a Masters Degree in Criminal Justice Policy from the London School of Economics and Political Science, with her final thesis being on offender profiling and serial murder.
Chris has 12 years’ experience across a variety of financial crime risk management roles within the financial services sector and has AML/CTF, Sanctions, and Anti-Bribery and Corruption experience across Australia, the UK, the US, and South Africa, holding senior operational as well as risk and compliance roles.
Chris’ experience spans private banking, wholesale and corporate banking, investment banking, retail and business banking, and wealth management across a range of global and domestic banks.
Chris headed up the KYC, AML/CTF, Sanctions and On-Boarding function for Europe, Middle East and Africa (EMEA) regions was well as US out of hours operations for one of the world’s top global Investment Banks.
Chris was a senior member of the Financial Crime Risk team at a major Australian bank where he was responsible for maintaining the AML/CTF Program and leading the redesign of the bank’s Politically Exposed Persons (PEP) Review Methodology, and he specifically supported the Corporate & Institutional Division’s management to mature their response to financial crime risk.
As Head of AML/CTF Compliance at another Australian Bank, Chris provided expert AML/CTF advice and guidance to all business divisions. This included supporting a large transformation project.
Chris holds a Bachelor’s Degree in Business Management and has the International Compliance Association’s (ICA) Diploma of Applied Anti-Money Laundering and Counter-Terrorism Financing Management.
Chris has been working as an independent consultant advising a range of reporting entities in Australia on AML/CTF, CIP/KYC and Sanctions matters since July 2019.
Troy has worked in crime risk management for over 25 years with a background in law enforcement specialist operations, including counter terrorism first response. For the last 10 years, Troy has been working to support the AML/CTF compliance and other compliance activities of small to medium size Australian reporting entities.
Troy has a background in Law Enforcement-specialising in Counter Terrorism First Response, and the Close Protection of Foreign Dignitaries, including Royal Visits to Australia.
Troy has extensive experience of working with small and medium size reporting entities providing AML/CTF training, AML/CTF Independent Reviews, as well as AML/CTF compliance and risk management advice and guidance. Troy also holds the International Compliance Association’s (ICA) Diploma of Applied Anti-Money Laundering and Counter-Terrorism Financing Management, and is a Member of ACAMS.
As part of a previous role, Troy was a senior participant on the AUSTRAC Pubs and Clubs Working Group, contributing to AUSTRAC Pubs and Club specific resources. Troy continues to maintain extensive working relationships with State Liquor & Gaming regulators and AUSTRAC.
Troy has worked in Workplace Relation Representation at a State and Federal level, and is also a specialist Liquor and Gaming Compliance auditor.
John has worked in financial services for over 40 years, working in senior operational roles and AML, Sanctions and Anti-Bribery compliance roles for two major Australian financial institutions.
John’s AML, Sanctions and Anti-Bribery experience spans Australia, the UK, the US, and Asia holding senior compliance and assurance roles for one of the major Australian banks.
Heading up global sanctions compliance for a major financial institution here in Australia, John developed sanction compliance controls and governance processes across multiple businesses and jurisdictions.
Whilst Senior Manager of AML/CTF Assurance at a major Australian Bank, John developed and implemented AML/CTF and TFS oversight and review methodologies and processes to provide assurance to the banks senior management and board risk committee.
John is also the chairman of a community bank offering the full range of financial products and services to retail customers in Victoria.
John holds the International Compliance Association (ICA) Diploma of Applied Anti Money Laundering and Counter Terrorism Management, and since May 2013 has been working as an independent consultant advising financial institutions in Australia on AML/CTF, and Sanctions matters.
Neil has an extensive AML/CFT knowledge, history and expertise, and an unparalleled record of achievement and innovation in the AML/CFT field, with over 25 years’ executive management, operational and consulting experience in the Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) field in Australia and globally.
From 1989 to 2009, Neil was involved in the development and executive management of the Australian Transaction Reports and Analysis Centre (AUSTRAC) – Australia’s Financial Intelligence Unit (FIU) and AML/CFT supervisor. An organisation globally acknowledged as a leader and contributor in the AML/CFT field. In 1995, Neil was awarded the Australian Public Service Medal for his contribution to Australia’s AML program.
As AUSTRAC’s Chief Executive Officer from 2002 to 2009, Neil led AUSTRAC through a period of significant change as Australia’s new anti-money laundering and counter-terrorism financing supervisor, while ensuring continuity of its world-renowned work as Australia’s FIU.
Globally, Neil is recognised as a leader in this field contributing significantly to the development and coordination of FIUs globally. He was an initiating member of the global Egmont Group of Financial Intelligence Units, Chair of the Egmont Committee from 2008 to 2009, Vice Chair from 2002 to 2008 and Head of Egmont’s Training Working Group from 2005 to 2009.
Neil was also an Australian delegate for more than 15 years to the Financial Action Task Force on Money Laundering, and was the Australian head of delegation to the Asia Pacific Group on Money Laundering for more than 10 years.
Over the past 7 years, Neil has established a successful consulting business with work particularly throughout the Asia and Pacific regions and in Australia, including projects with the World Bank, International Monetary Fund (IMF), Asian Development Bank (ADB), Asia Pacific Economic Cooperation (APEC) and the United Nations Office on Drugs and Crime (UNODC).
This work has taken him to more than 50 countries around the world advising, mentoring and training government and private sector organisations on AML/CFT standards and their implementation in those countries.
From 2014, Neil has also assisted the governments of a number of South Pacific and Asian nations in producing their ML/FT National Risk Assessments.