Money laundering (ML) is the processing of criminal profits to disguise their illegal origin. Terrorism financing (TF) includes the financing of terrorist acts or any kind of terrorist organisation. This can occur in all types of businesses – including yours.  

ML and TF can cause high-profile breaches and significant regulatory action; they are also far reaching and not just limited to regulated industries - every business is at risk of incurring the substantial financial penalties and reputational damage that come with unknown illegal activity occurring within an organisation.  

How we can support you 

Our anti-money laundering and counter-terrorism financing (AML/CTF) practice provides tailored risk management and compliance services to help your business comply with AML/CTF rules. 

Our dedicated AML/CTF team has extensive experience working with clients across a variety of industries. We take a practical approach to ML/TF risk assessments so your business can sufficiently address and manage higher risk areas of the business. 

We leverage Grant Thornton’s AML/CTF tools, accelerators and leading industry practices to provide you with the most effective and efficient outcomes. 

Key services to keep you safe and help you improve

  • ML/TF risk assessment review and control testing  
  • Compliance testing against the AML/CTF Act and Rules  
  • Advice about systems and controls to manage ML/TF risk 
  • Scenario and rules set review and testing  
  • Transaction monitoring alert investigations  
  • Transaction rules validation and configuration  
  • AML/CTF training programme assessment – including evaluation of training content, and effectiveness of training coverage across your organisation  
  • Delivery of tailored AML/CTF risk awareness training to ensure your employees understand how to identify, prevent, mitigate and report money laundering and terrorism financing 
Hamish Bowen
Partner and National Director, Consulting
Hamish Bowen