Samantha Carroll

2 months ago | lexology.com | Steven Blackburn |Hong-Viet Nguyen |Samantha Carroll

BackgroundThe Anti-Money Laundering and Counter-Terrorism Financing Amendment Act (Cth) (the Amendment Act) will commence on 1 March 2026. Schedule 2 of the Amendment Act makes substantial changes to a reporting entity's obligation to perform a money laundering and terrorism financing (ML/TF) risk assessment. What are the key changes?

Jul 25, 2024 | lexology.com | Morgan Spain |Chris Baker |Samantha Carroll |Leon Franklin

Customer data presents businesses with substantial opportunities, but also comes with notable risks. Understanding your data and the obligations surrounding this asset class is key to unlocking the value it can bring. In today’s landscape, with competing schemes, and heightened scrutiny by governments and regulatory bodies, organisations face a raft of new and evolving legislation, regulation and guidance globally.

May 9, 2024 | lexology.com | Morgan Spain |Chris Baker |Samantha Carroll |Ethan Culross

Navigating the labyrinth of compliance obligations can be daunting for organisations, as they grapple with evolving obligations, heightened regulatory scrutiny and the potential for severe penalties for non-compliance. At Ashurst, we spoke with our clients and other industry stakeholders to understand the most common challenges and we identified 5 key perils and pitfalls. 1.

Apr 5, 2024 | lexology.com | Morgan Spain |Chris Baker |Samantha Carroll |Marianne Hong

Risk and compliance professionals are forced to grapple with hundreds of new and continually updated and overlapping laws and regulations on an ongoing basis, each containing multiple, cascading individual obligations. The financial services sector is one of the most regulated sectors globally. Over the last four months in Australia, there have been over 330 new, amended or repealed obligations that impact financial services organisations.

Mar 15, 2024 | nqonline.ca | Samantha Carroll

We’re coming up to St Patrick’s Day, which by tradition brings Sheila’s Brush; a snowstorm that follows on the heels of the saint’s day, one hopefully the last of the year. There is different lore behind this belief, and happy shamrocks if that’s your thing – but if St Patrick comes to your door and asks for a glass of water, giving him one could head off a blizzard.