Risk vulnerabilities and money laundering typologies: What lawyers need to know
About this episode
This episode discusses money laundering typologies and the inadvertent risks lawyers face in their routine transactions.
Episode Summary: What if the biggest money laundering risks in your practice looked exactly like your most routine transactions? This episode explores money laundering typologies and why criminal activity often hides in plain sight within legitimate legal work. Learn how recognising patterns – not just stand-alone red flags – can help mitigate risks for your practice. Guest: Neil Jeans, Partner, Risk Consulting, Grant Thornton Australia Former financial crime investigator, regulator and AUSTRAC expert witness Specialist in financial crime risk and AML systems across law enforcement, banking and regulation www.linkedin.com/in/neiljeans www.grantthornton.com.au/meet-our-people/neil-jeans Host: Artemis Evangelidis, Law Institute of Victoria podcasts@liv.asn.au | www.linkedin.com/company/law-institute-of-victoria Episode Overview: For lawyers now operating under the AML/CTF regime, the key risk is not deliberate involvement in financial crime, but inadvertent facilitation through routine work. Far from abstract concepts, money laundering typologies reflect real, documented methods criminals use to exploit legitimate legal services. In this episode, Neil Jeans explains how these…
People in this episode
Host: Artemis Evangelidis
Guest: Neil Jeans
Topics covered
- money laundering
- legal practice
- financial crime
- AML/CTF regime
- risk management
- law enforcement
Keywords
- money laundering
- legal services
- financial crime risk
- AML systems
- criminal networks
- trust account transactions
- property settlements
- nominee structures
Mentioned in this episode
Organizations: Grant Thornton Australia, AUSTRAC, Law Institute of Victoria
More episodes of Cross-Examined
- Lawyers and AML/CTF enforcement: Two decades of lessons from the UK
- Inside FATF: Australia’s role in the global taskforce fighting financial crime
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