Education and training form an important part of preparing legal practices for the introduction of AML/CTF obligations.
The Law Society of South Australia and AUSTRAC have developed education resources to assist legal practitioners in understanding the reforms and their practical impact.
Law Society AML/CTF CPD Webinar Series
The Law Society delivered a six-part AML/CTF CPD webinar series to support the legal profession in preparing for the reforms. The series is designed to assist practitioners in understanding:
- the AML/CTF legislative framework;
- how the reforms apply to legal practitioners; and
- the practical implications for legal practices;
These sessions are intended to support early awareness and preparation ahead of commencement. Please click here to access these webinars.
AUSTRAC AML/CTF Essentials Webinars
AUSTRAC offers an AML/CTF Essentials webinar series. This series provides an overview of:
- AML/CTF obligations;
- regulatory expectations; and
- key concepts relevant to reporting entities
The webinars are intended to assist both existing and newly captured reporting entities. Please click here to access these webinars.
Ongoing Education and Updates
Further education resources and training opportunities will continue to be developed as the commencement date approaches. To stay informed, practitioners are encouraged to:
Monitoring updates from both the Law Society and AUSTRAC will assist practices in staying aware of changes as guidance continues to develop.