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“What’s our goal when we look at your Operational Security Risk Management? Very simply – we protect your brand.”
 AML/CTF Act Compliance
      Anti Money Laundering and Counter-Terrorism Financing Act (AML/CTF) legislation impacts upon all registered clubs, hotels, and other businesses providing ‘designated services’ as specified by the Attorney-General’s Department.

Gambling venues are obligated to implement certain actions in an ongoing manner. These requirements include, but are not limited to:

  •  Assessment of risks associated with the provision of the ‘designated services’
  • Development of a compliance program for the collection and verification of the identity of anyone receiving ‘designated services’
  • Venue staff undertaking risk awareness training

Be AML/CTF compliant

Barrington Corporate Risk have developed a program to ensure compliance with this mandatory legislation. Our program includes facilitating the development of:

  • Procedures for collection and reporting of information on ‘suspicious activities’

  • Procedures for collection and reporting of information on ‘threshold transactions’
  • A management plan, including nominating a ‘compliance officer’
  • Procedures for the maintenance of records collected to comply with the AML/CTF Act, ensuring compliance with privacy, secrecy, recording and storage requirements
  • and training staff in procedures developed to mitigate risks in providing ‘designated services’

For more information complete the enquiry form to have a Barringtons representative contact you!