Articles
AML Series - Episode 1 | Lessons from New Zealand
New Zealand law firms have been complying with AML legislation since 2018. In this podcast, Jamie Lynch (Head of AML at Gilbert + Tobin) shares with ALMG interviewer, Trish Carroll, first-hand insights from New Zealand’s rollout – including:
- Lessons from his NZ experience – what worked and what didn’t.
- How long compliance should take, cost and resourcing considerations.
- Understanding the role of proportionality and reasonableness in guiding your firm’s AML/CTF program.
- Why tapping into the knowledge inside your firm will produce a better, more cost-effective and accepted outcome than rushing to engage outside help.
- Practical options for smaller firms and sole practitioners navigating AML implementation.
- The value of investing in your own people to take on AML compliance roles.
Other insights:
- The one piece of tech that saves time, money and reduces risk.
- The role of AML as a business lever to improve risk management, client engagement and cross-firm collaboration.
With more than a decade of experience designing and implementing AML/CTF programs and leading operational compliance across legal and financial services in Australia and New Zealand, Jamie shares his practical insights borne out of hard-earned experience.
Listening platforms available:
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