The new anti-money laundering reforms are part of a "perfect regulatory storm" that professionals like lawyers have to grapple with. With new reporting obligations drawing closer, firm leaders will have to ensure their practice management and compliance operations are up to speed. In this episode of The Lawyers Weekly Show, host Jerome Doraisamy speaks with Norton Rose Fulbright senior adviser Jeremy Moller about the new anti-money laundering and counter-terrorism financing (AML/CTF) reforms and why they've been introduced, what the reforms aim to achieve, the responses from lawyers and member bodies and why such professionals are concerned with the reforms. Moller also delves into the challenges that legal professionals will face in light of the reforms, why the regulatory space is shifting so much and how this impacts lawyers, where lawyers can seek assistance in such times, and the opportunities that abound from setting one's firm apart from competitors.

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