Compliance, Customer Onboarding, Electronic Identity Verification, Technology 19 Dec 2024 Compliance Radar December 2024 AML/CTF Amendment Bill 2024 – new ‘designated services’ explained “This Bill sends a clear message that Australia is committed to… OITC Creative
Compliance, Customer Onboarding, Electronic Identity Verification, Technology 25 Nov 2024 Compliance Radar November 2024 In this month’s Compliance Radar, we take stock of two updates from ASIC – a warning about a rise in… OITC Creative
Compliance, Customer Onboarding, Electronic Identity Verification, Technology 30 Oct 2024 Compliance Radar October 2024 Much has happened this month, with the release of new statistics from the Office of the Australian Information Commissioner (OAIC)… OITC Creative
Compliance, Customer Onboarding, Electronic Identity Verification, Technology 30 Sep 2024 Compliance Radar September 2024 This month’s Compliance Radar continues to track the progress of the AML/CTF Amendment Bill through Parliament and organisations’ continued efforts… OITC Creative
Compliance, Customer Onboarding, Electronic Identity Verification, Technology 20 May 2024 Compliance Radar May 2024 LAB Group is pleased to see the Australian Government Attorney-General's Department moving forward reforms in this space with the announcement… Christian Ravanal
Compliance, Customer Onboarding, Electronic Identity Verification, Technology 16 Apr 2024 Compliance Radar March 2024 A new report by the global anti-money laundering (AML) and counter-terrorist financing (CTF) task force has backed the need for… Christian Ravanal
Compliance, Customer Onboarding, Electronic Identity Verification, Technology 13 Dec 2023 Compliance Radar December 2023 Australia's banks have united this month to declare war on scammers. A higher standard of protection for customers has been… Christian Ravanal
Compliance, Customer Onboarding, Electronic Identity Verification, Technology 09 Oct 2023 Compliance Radar October 2023 Australia took one step closer this month to a national economy-wide digital identity scheme. What does this mean for Australian… Christian Ravanal
Compliance, Customer Onboarding, Electronic Identity Verification, Technology 12 Sep 2023 Compliance Radar September 2023 Raising the bar on verification: How Australian accountants, lawyers and real estate agents can prepare for the new tighter client… Christian Ravanal
Compliance 30 May 2021 Compliance Radar June 2021 Regulators continue to play an important role in promoting RegTech adoption as businesses adjust to increased volumes online whilst focusing… Christian Ravanal
Compliance 01 Feb 2021 Compliance Radar February 2021 After navigating through an unpredictable and challenging 2020, key compliance trends in financial services began to emerge as the overall… Christian Ravanal
Compliance 04 Nov 2020 Compliance Radar October 2020 COVID-19 has undoubtedly accelerated the digital transformation for organisations and forced some initiatives to be urgently prioritised to deal with… Christian Ravanal
Compliance, Electronic Identity Verification 09 Aug 2020 What it Means to “Know Your Customer” KYC policies require “reasonable due diligence” to know (and retain) the essential data concerning every customer. The KYC process is… Christian Ravanal
Electronic Identity Verification, Technology 10 Mar 2020 Why VPN Detection Matters in Digital Customer Acquisition Whilst not all VPNs indicate fraudulent activity, the use of Virtual Private Networks by potential fraudsters is becoming increasingly common due… Christian Ravanal
Compliance 01 Dec 2019 Compliance Radar December 2019 Having robust account opening and customer due diligence practices as well as procedures to identify and escalate risks can help… Christian Ravanal
