Tranche 2 has been in force since 1 July, but applying it to real clients is raising plenty of questions. Do existing clients need checks? What triggers one? And where are firms getting caught out?
Join Conrad Gilbert (Knowledge Shop) as he works through the AML questions accountants ask the most. Plus, hear from Ethan Cooney (Ignition) on how to build verification into your engagements, so the right checks happen before the work starts.
What you'll learn:
- What AML/CTF means for clients you had before 1 July, and what they’re not exempt from
- How to assess and monitor existing client risk, and spot when it changes
- Which events trigger due diligence, and what to do when one occurs
- How to build ID and KYC checks into onboarding, with the evidence kept for every engagement
Free AML checks until 31 December
Join Ignition by 30 November on a Core, Pro or Pro+ plan and run your AML and KYC checks free until 31 December 2026.
*New customers only. T&Cs apply.
Speaker
Conrad Gilbert
Professionalism and Ethics Adviser, Knowledge Shop
Conrad has more than 30 years of experience in financial services, including senior executive roles with national financial planning networks. He ran AML training for accounting firms in the lead-up to the reforms and now answers their AML questions on the Knowledge Shop help desk. He’ll bring real questions from the help desk to the session.
Host
Ethan Cooney
Sales & Partnerships Manager, APAC & EMEA | Ignition
Winner of 2021 Accountants Daily 30 under 30 'Tech Innovator' award, Ethan manages strategic partnerships for Practice Ignition throughout Asia-Pacific.
He brings 8+ years of experience working within the Xero ecosystem to help accounting firms implement technology to run more efficiently, be more profitable and deliver a premium client experience.
I'm passionate about people, and a total advocate for technology. I love helping businesses create efficiencies and work more productively. On the weekends, you'll find me catching a wave, climbing a mountain or enjoying a cold drip coffee at my local cafe.
AU
