The AML & Financial Crime Congress 2023 has come and gone. Still, the subject matter expertise and shifts in the regulatory and legislative landscape will hopefully help financial crime compliance professionals build fit-for-purpose and ethical compliance frameworks that will ultimately play their part in protecting the Australian financial system.

GRC Institute CEO Naomi Burley touched on some critical topics at the annual event held on 14 June.

Resources:

• AML CTF Reforms Consultation Part 1 closed 16 June: https://www.austrac.gov.au/consultation-commences-amlctf-reforms

• National Anti-Scam Centre: https://www.austrac.gov.au/consultation-commences-amlctf-reforms

• Modern Slavery Act Review: https://www.austrac.gov.au/consultation-commences-amlctf-reforms

For Members Only

• GRC Institute Anti-Money Laundering Networking Group: https://thegrcinstitute.org/Events/eventdetail/2105

• GRC Institute Fraud & Scams Discussion Group: https://thegrcinstitute.org/Events/eventdetail/2105

The AML & Financial Crime Congress is less than a month away!

The GRC Institute CEO Naomi Burley takes a high-level view of Australia's financial crime compliance landscape and gives a sneak peek at what to expect from the AML & Financial Crime Congress 2023 on 14 June.

Click the link to register and join the conversation! https://thegrcinstitute.org/Events/eventdetail/2141

This episode is the first in our Frequently asked questions series! Here is where we publicly answer all Your Frequently Asked Questions!

Let us know what you want to know!

Resources

• Here is a link to our courses! https://thegrcinstitute.org/events/eventtype/2

• Join us next month for the AML & Financial Crime Congress. https://thegrcinstitute.org/Events/eventdetail/2141

• Watch this space for updates on the Annual GRC Conference. https://thegrcinstitute.org/Events/eventdetail/2139

KPMG Director of Compliance and Conduct, Alex Ong, conducted workshops with GRC Institute Members looking at the trends and challenges that risk and compliance challenges that come with managing conduct risk.

Alex talks to the GRC Professional Podcast about some critical issues related to conduct risk, common challenges and some misconceptions.

GRC Institute CEO Naomi Burley talks about the work that the GRC Institute will be doing to in 2023 to help compliance and risk professionals to get their jobs done.

“Throw forward ideas, think that’s what really enjoyed last year, and we want to see more of this year, is members throwing in their opinions on things because I have to say our members are the leaders in this field so, you know, what you have to say in those discussion groups is absolutely valuable to all the other participants.”

Check out some supporting resources, training, events and discussion groups mentioned in this episode of the podcast.

AML & Financial Crime

AML Financial Crimes Congress: https://www.thegrcinstitute.org/Events/eventdetail/2141

AUSTRAC Compliance Reports: https://www.austrac.gov.au/business/how-comply-and-report-guidance-and-resources/reporting/austrac-compliance-reports

Podcast: AML & Financial Congress 2022 Sanctions Edition: https://www.thegrcinstitute.org/news/view/3193

Training

List of Training Courses: https://www.thegrcinstitute.org/events/eventtype/2

FNSSS00010 AML & CTF Skill Set - Livestream: https://www.thegrcinstitute.org/Events/eventdetail/2129

Compliance Management System

ISO 37301 Putting the Compliance Management Standard into practice and elevating your program: https://www.thegrcinstitute.org/Events/eventdetail/2152

ISO 37301 Compliance Management Standard: https://www.iso.org/standard/75080.html

Podcast: Culture in ISO 37301: https://www.thegrcinstitute.org/news/view/3070

Conference & Publications

GRC2023 Conference: https://www.thegrcinstitute.org/Events/eventdetail/2139

GRC Institute Member Discussion Groups: https://thegrcinstitute.org/events/eventtype/3

Podcast: GRC2022 Conference Highlights: https://www.thegrcinstitute.org/news/view/3249

The First Practice Note: Assurance : https://thegrcinstitute.org/news/view/3296

International Federation of Compliance Associations

Podcast: IFCA International Compliance Conference: https://www.thegrcinstitute.org/news/view/3224

GRC Institute the CEO Naomi Burley and Strategic Engagement Consultant Carole Ferguson discuss enforcement action taken by the Australian Securities and investments Commission against Perpetual and the American Express related to inadequate Target Market Determination (TMD).

GRC Institute CEO Naomi Burley talks about some of the achievements of the GRC Institute.

Related:

Culture in ISO37301: https://www.thegrcinstitute.org/news/view/3070

AML & Financial Crimes 2022: Sanctions Edition: https://www.thegrcinstitute.org/news/view/3193

GRC 2022 Conference Highlights: https://www.thegrcinstitute.org/news/view/3249

KordaMentha Partner Alice Saveneh-Murray talks about the importance of board Education in Financial Crime Compliance.

Interviewee

Alice Saveneh-Murray Partner | Financial Crime Melbourne

Alice is a Partner in our Financial Crime team. She is an experienced leader and trusted advisor to the financial crime risk community and brings deep subject matter expertise and innovative strategies to support client engagements, Boards and a wide range of industry initiatives.

GRC Institute Risk Management Professional of the Year for 2022 and MT ST. Michael's College Risk and Compliance Manager Gina Conde talks about the importance of resilience, empathy, emotional intelligence and honest self evaluation.

Bio

Gina Conde

Gina is an experienced practising professional in risk management, internal auditing, compliance, and project management in medium and large commercial, government and not-for-profit organisations in Australia and overseas. At present, she is the Risk and Compliance Manager for Mt St Michael’s College in Brisbane, Queensland.

Compliance Professional of the Year for 2022 Renai Williams talks about her professional journey and what she thinks makes an effective compliance professional.