Regulatory response & readiness
Helping organisations get reform ready
We help organisations prepare for and respond to regulatory scrutiny, reform and transformation with a focus on sustainable compliance, resilience and strategic confidence.
KordaMentha played an active role in contributing to Australia’s AML/CTF reforms through multiple consultation submissions. We were the only advisory and consulting sector representative invited to provide evidence at the Senate committee hearing in 2024.
We worked extensively with clients to understand and advocate for their concerns, combining this with our technical expertise. Our responses helped shape a framework that enhances Australia’s ability to deter, detect and disrupt illicit financing, while protecting Australian businesses from criminal exploitation.
Our Financial Crime Risk and Compliance team’s expertise comes from working in, and consulting across all sectors. We understand the macro and micro level impacts of major reforms across Australia and New Zealand – and what they mean for your business.
How can we help
Our roadmap to being ‘reform ready’ offers a streamlined approach that enables you to meet legislative requirements and regulatory expectations, setting you on a path for future compliance.
AML/CTF for existing entities
Understand your obligations and the key areas of change under AML/CTF laws in order to strengthen your AML/CTF compliance strategy.
AML/CTF for new entities
Understand what AML/CTF laws mean for new Tranche 2 entities – your guide to navigating AML/CTF regulations for the first time.
Appointed auditor (s.162)
Independent audit capability for AML/CTF obligations to comply with legislative requirements and regulatory expectations.
Transformation programs
Large-scale compliance program design, operational model redesign, and regulatory alignment for sustainable change.
Monitorship and regulatory strategy
Specialist support for monitorship engagements, strategic regulatory interaction, and governance structures as part of reform or remediation.
Expert witness and independent evaluator
Objective, evidence-based services for legal and regulatory matters, with nationally credible personnel providing expert analysis and testimony.
