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Accountants are prime targets for regulators cracking down on financial crime, and soon, Australia’s compliance landscape will change dramatically.
Accountants are facing AML scrutiny – are you prepared?
03 March 2025
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5 minute read
In the UK, regulators routinely fine accountants for anti-money laundering (AML) breaches. Between April and September 2023 alone, 27 accountancy firms and tax advisers were fined a total of £99,000 ($197,000).
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With new AML/CTF compliance rules coming into effect in Australia by July 2026, accountants who fail to prepare risk severe penalties, reputational damage, and even criminal charges.
Will your firm be ready?
The window to prepare is closing. Compliance will no longer be optional – firms must identify, mitigate, and report money laundering risks or face the consequences. Regulators won’t hesitate to penalise non-compliance, and ignorance won’t be an excuse.
Get ahead by joining us at AML Edge 2025 in Sydney on Thursday, 27 March – a one-day, high-impact event designed to equip accountants, auditors, and financial professionals with the tools and insights needed to stay compliant and protect their firms.
AUSTRAC, Australia’s financial intelligence agency and regulator, will speak at the event to outline key compliance expectations.
With over 20 leading global and national experts on the line-up, this is the must-attend event to future-proof your firm.
Don’t wait for a compliance crackdown!
For more information and to secure your ticket, visit www.amledge.com.au
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