Wednesday, 21 May 2025
Professional Skills
Governance in AML/CFT Compliance: Best Practices and Common Pitfalls
- Governance structures: best practices for implementing AML/CTF governance frameworks, and requirements for board and senior management oversight
- Common compliance pitfalls: how to avoid mistakes in AML/CTF risk management and governance
- Board and senior management responsibilities: understanding leadership roles in compliance
- Case studies: real-world examples of governance failures and successes
Presented by Caroline Marshall, Partner, Corrs Chambers Westgarth; Specialises in investigations of financial crime
Chair
Megan Styles, Barrister, Foley’s List
Description
Attend and earn 0.5 CPD unit in Professional Skills
This program is applicable to practitioners from all States & Territories
Presenters
Megan Styles, Barrister, Foley’s List
Megan is a barrister at the Victorian Bar and accepts briefs across Australia in a broad range of matters. She has a particular interest in matters involving AML/CTF legislation, asset tracing and proceeds of crime/asset confiscation, financial crime investigations, disclosure issues, law enforcement, bankruptcy and insolvency law and mortgage disputes. Prior to being called to the Bar, Megan was a Principal Litigation Lawyer and Team Leader with the Australian Federal Police Criminal Assets Litigation team of the Criminal Assets Confiscation Taskforce. Megan regularly advises and appears in matters involving state and federal agencies, corporations, law enforcement bodies and financial institutions, in a variety of courts and tribunals. She is currently undertaking her PhD at Monash University, on proceeds of crime. In 2023, Megan was invited to present at the International Symposium on Economic Crime at Cambridge University and in 2024, attended the United Nations Office on Drugs and Crime Summer School on Transnational Organised Crime.
Caroline Marshall, Partner, Corrs Chambers Westgarth
Caroline specialises in investigations and inquiries, with a particular focus on corporate or financial crime matters. She acts for corporations facing allegations of bribery and corruption, money laundering, sanctions violations and integrity issues, and has represented clients facing regulatory enforcement by AUSTRAC, ASIC and APRA. Her practice covers the full regulatory lifecycle, from regulatory advice to strategy, compliance, enforcement and remediation. She is also an expert in ESG. Caroline works with domestic and international clients across a variety of industries, including financial services, pharmaceuticals, technology, media and telecommunications, energy and natural resources. She is a dual-qualified lawyer in Australia and England & Wales, and has previously worked in London and Hong Kong. Caroline is a company secretary and director on the board of the Australian Compliance Institute.
