Monday, 3 October 2022

KordaMentha is pleased to announce the expansion of the firm’s capability, following a merger with one of Australia’s most experienced and respected financial crime advisory firms, Murray Waldren Consulting (MWC). 

In recent years, KordaMentha has partnered with the experienced team from MWC on a range of anti-money laundering (AML) and financial crime related engagements. KordaMentha is very excited about our shared future and the combined capability that will see us as Australia’s pre-eminent solution for meeting the ever-increasing complexity of our clients’ needs.  

Consistent with KordaMentha’s focus on growth and diversification, the merger will result in the creation of a new market-leading capability leveraging our existing forensic disputes and investigations capability. 

Client demand for anti-money laundering and counter terrorism financing (AML/CTF) advisory services are undoubtedly growing. The enforcement action and regulatory intervention relating to breaches of financial crime legislation have increased the need for clients to proactively manage their regulatory risk.  

MWC’s reputational strength as a premier provider of AML/CTF services makes the two firms ideal strategic partners in broadening financial crimes capabilities. The combination will enable KordaMentha to service clients on a larger scale, assisting with compliance reviews and investigations into alleged violations of AML/CTF legislation and sanctions breaches.  

The MWC group is led by Rachel Waldren and Alice Saveneh-Murray with teams across Melbourne and Sydney. They currently service a diverse range of clients in the financial services, gaming, regulatory and banking sectors. In addition, the team offers an innovative co-source resourcing module to clients looking for assistance in meeting their operational needs.  

In commenting on the combined businesses, Chris Martin, Partner of KordaMentha said, “This is an exciting strategic development for both KordaMentha and Murray Waldren. We pride ourselves on being best of breed and the addition of Alice and Rachel to our team further strengthens our position in the market. Murray Waldren’s capability in the financial crime space is complementary to both the disputes and investigations work undertaken by our Forensic team, and the corporate transformation and project management work undertaken by our Corporate team.” 

Rachel Waldren said, “This is a fantastic opportunity for our team to join with one of the most reputable consultancy firms in the industry, with whom our culture and values are closely aligned.” 

“This partnership enables us to grow and scale our business and provides exciting opportunities for our team as a whole to deliver our valued clients a broader set of new and emerging services,” said Alice Saveneh-Murray. 


Media enquiries
Renee Taylor, KordaMentha | [email protected]