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AUSTRAC’s Section 167 Notices: The Next Challenge For Tranche 2 Entities
AUSTRAC's section 167 notices represent a powerful investigative tool that can compel Tranche 2 entities to prove their AML/CTF compliance through documentary evidence. While much attention has focused on implementing compliance frameworks, the real test comes when organisations must substantiate their efforts under regulatory scrutiny. Can your business prove what it claims to have done?
Holding Redlich