by Kit Legal | Mar 31, 2022 | AFSL, KitLegal
I didn’t want to admit my backup plan consisted of hoping we didn’t need one (Bryan Fields). Hope is not a plan. In today’s IT environment of ever-increasing threats backups and recovery are as important as the system itself. Moreover, it is critically...
by Kit Legal | Mar 16, 2022 | AFSL, AML
AUSTRAC has released proposed guidance on source of funds and source of wealth. It provides some useful extra information on what AUSTRAC expects reporting entities to consider and document. What’s the difference between ‘source of funds’ and ‘source...
by Kit Legal | Mar 16, 2022 | AFSL, AML
As the physical horrors of war unfold in Ukraine, the global community has responded with an economic and financial war against the aggressor, Russia. The sanctions imposed on Russia by many countries, including Australia, are strict and punishing – and...
