AML/CTF Compliance

Anti-Money Laundering and Counter Terrorism Financing (AML/CTF) compliance can be complicated and daunting. We believe in simplifying and demystifying this process for our clients. 

We know the gaming and gambling industry is fueled by passion, but it’s also one of the most regulated environments to operate in.

AUSTRAC considers licensed gaming venues, such as clubs and hotels, and online gambling services such as sports betting and bookmaking to be high-risk businesses for money laundering and terrorist financing. As a result, they must comply with strict money laundering laws, ensuring they have strong measures in place that manage and minimise these risks.

We see the common challenges business’s face. Lack of dedicated compliance resources, out-of-date risk assessments, untailored AML/CTF programs, ineffective transaction monitoring, undocumented policies, and staff unfamiliar with red-flag indicators – these issues are everywhere. But they don’t have to be your issues. 

We work closely with you to develop tailored risk assessments and AML/CTF programs that align with your business’s operations - no generic templates, just practical solutions that work. We deconstruct each step, helping you understand, implement and monitor your compliance needs with ease, no matter the size or structure of your business. 

Need guidance on AML/CTF compliance for your business?

Book a complimentary, no-obligation consultation with Alexandra Hoskins, Senet’s Advisory & Compliance Principal. It’s an opportunity to ask any compliance-related questions and explore how we can support you.

Learn more about our AML/CTF services:

• AML/CTF Program and Risk Assessment Reviews

• AML/CTF Policies and Procedures

• AML/CTF Staff and Board Training

In a market of AML/CTF providers, what sets us apart?

We pride ourselves on our specialised focus and depth of expertise. As a boutique advisory and law firm, working exclusively with the gambling industry, we represent some of Australia’s largest betting operators, and licensed gaming venues across the nation. 

We’re not just advisors, we’re active participants, on the pulse of the critical conversations and regulatory shifts that shape your industry, and we adapt our services in real-time to keep you ahead. We’re proud of our transparency with clients, and make sure to walk you through each compliance step, offering guidance that’s always accessible and easy to understand.  

Senet Compliance Vault 

When you work with us, you don’t just receive years of experience, you get exclusive access to the Senet Compliance Vault– an essential online resource packed with best-practice tools, templates, checklists, training packs, and our annual ‘Let’s Talk AML’ series designed to keep staff engaged and up to date. The Compliance Vault has been intentionally curated to simplify your day-to-day AML/CTF compliance.