AML/CFT: Mid-Year Update
With the end of the transitional compliance in April, what do reporting entities expect in terms of compliance? Attend this one-hour session to gain the latest amendments and exemptions pertaining to AML/CFT legislation. Hear from experienced presenter, Neil Russ, on how you can reduce your compliance costs and effectively incorporate your monitoring obligations with the new changes. Learn how to handle compliance investigations and audits from a legal as well as accounting standpoint. WEB229NZA08
Description
Attend and earn 1 CPD hour
AML/CTF Rules Update
- AML/CFT legislation, exemptions, and guidance update
- DIA audit and Desktop Review Activity: lawyers and accountants in the spotlight
- Recent cases
- Top tips for reducing compliance costs and integrating AML/CFT CDD and monitoring
Presented by Neil Russ, Director, Russ + Associates
Learning Objective:
- Receive guidance on AML/CTF legislation, compliance issues and recent cases
Presenters
Neil Russ
Neil founded Russ + Associates in 2019 as a group of senior lawyers specialising in tax and AML/CFT advice. Neil has over 35 years’ experience in England and New Zealand, including 25 years as a tax partner in a national law firm. Russ + Associates regularly works with its corporate clients, other law firms and accounting practices to meet their income tax, GST and AML/CFT needs, including tax investigations, binding and non-binding ruling applications, tax risk reviews, AML/CFT ministerial exemptions, suspicious activity reports and audits. Neil specialises in corporate and international income tax and GST issues, as well as transactional advice. In addition to his tax expertise Neil has a multi-jurisdictional background in banking, capital markets and derivatives transactions. Neil is Convenor of the NZ Law Society Tax Law Committee, a member of the AML/CFT Industry Advisory Group and co-author of AML/CFT in New Zealand – A Handbook for Lawyers and Accountants, He is a member of the International Fiscal Association and the Inter-Pacific Bar Association. He frequently deals with Inland Revenue and Treasury officials on matters of tax policy and interpretation, and with DIA and Ministry of Justice officials on AML/CFT issues.