AML Proceedings

AML/CTF Proceedings Support

We can provide AML/CTF expertise when you need it most.
Initialism has unique experience in working with businesses subject to supervisory inquiries and notices, as well as enforcement action.

THE RIGHT SUPPORT WHEN IT MATTERS MOST

When it comes to AML/CTF supervision inquiries and enforcement action, integrity, experience, independence and credibility are vital.

 

Initialism’s team have proven time and time again that they have these crucial qualifications.

UNPARALLELED EXPERIENCE

Initialism has unparalleled experience in AML/CTF supervision inquiries and enforcement actions.

 

Initialism’s team have supported businesses in responding to formal AUSTRAC investigations, acting as an AUSTRAC authorised External Auditor, being an Expert Witness in AML/CTF enforcement actions, and undertaking reviews to confirm the completion of AML/CTF remediation activity.
AML Proceedings experience
AML Proceedings Investigations

AUSTRAC INVESTIGATIONS

Initialism has previously worked with businesses in responding to formal notices and requests by AUSTRAC.

 

Initialism’s experts have supported businesses in fully and appropriately responding to Notices under section 167 of the AML/CTF Act and requests under section 75 of the AML/CTF Act.

EXTERNAL AUDITOR

Initialism’s Principal has previously been authorised by AUSTRAC as an expert external auditor under a Notice pursuant to section 162 of the AML/CTF Act.

 

Initialism has also been engaged by reporting entities subject to section 162 Notices to support compliance with the Notice.
AML Proceedings

EXPERT WITNESS

Initialism has provided expert witness support to a number of Australian regulatory agencies, and has been involved in many of the AML/CTF actions brought to date.

 

Initialism has also provided expert witness support to reporting entities subject to regulatory actions.

PRE-SETTLEMENT REVIEW

Initialism has undertaken reviews for reporting entities to confirm their completion of AML/CTF remediation activity, as part of the management and settlement of AML/CTF actions.
AML Proceedings

Why choose Initialism?

UNPARALLELED EXPERTISE

Our expertise covers all AML/CTF disciplines, allowing us to offer unique perspectives, approaches and solutions.

IN-DEPTH INDUSTRY KNOWLEDGE

Our AML/CTF compliance knowledge covers all industry sectors and we understand what compliance means for your business.

UNRIVALLED EXPERIENCE

Our expertise has been hard-earned and comes from working in the area of AML/CTF for many decades.

UNIQUELY QUALIFIED

We have industry-recognised integrity, experience, independence, and credibility to support the management of regulatory inquiry or action.