KordaMentha

Grace Mason GAICD, Partner in KordaMentha’s Financial Crime team represented the firm before Parliament of Australia this morning regarding the Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024 (‘The Bill’). KordaMentha welcomed the opportunity to participate in further debate in Canberra today, as Senate continues to consider proposed changes to the Bill. As the only representative from the advisory and consulting sector, KordaMentha fully supports the proposed changes to modernise and simplify the existing regime, as well as including the additional sectors into the regime. However, we have strong reservations in relation to the proposed implementation period to allow for impacted businesses to realistically start building their processes, systems and controls to achieve compliance.  Read about KordaMentha’s submission here: https://lnkd.in/gDjWQ3Xj #KordaMentha #FinancialCrime #AML #CTF #Compliance

Last week, AML Ops and KordaMentha hosted the 'Managing AML operational teams through large scale transformations' breakfast panel in our Melbourne office. We welcomed panellists, Sharon C. from Risk & Security Management, Byron Tidswell MAICD from Sportsbet and Daniel Rule from Endeavour Group to share their perspectives and experiences on the challenges and complexities of managing operational functions during large-scale financial crime transformations. Moderated by Alice Saveneh-Murray, Partner in KordaMentha’s Financial Crime team and Managing Director of AML Ops, some key takeaways to the discussion include: • Large scale transformation is not for the faint-hearted - but it can be an exciting and rewarding process to be a part of. • There are a multitude of ways to undergo transformation, communication between stakeholders is key to success. • Making mistakes is inevitable and a valuable part of learning if you are open to them. This panel is part of our ‘Operational Excellence’ series, designed to provide a platform for professionals in first line and operations functions to expand their network and knowledge share. Our next event is scheduled for early 2025, you can register your interest by completing this EOI form https://lnkd.in/gEnfZv8T. Thank you to everyone who attended and contributed to the vibrant discussion. We look forward to continuing these important conversations and driving excellence in our industry. #KordaMentha #FinancialCrime #AML #OperationalExcellence #RiskManagement

KordaMentha's Financial Crime Partner, Rachel Waldren was featured in The Australian explaining why Australia needs bipartisan support for vital regulatory changes in the form of The Anti-Money Laundering and Counter-Terrorism Financing Amendment (AML/CTF) Bill 2024. With Australia's financial reputation at risk globally, Rachel establishes that: "This is not just about increased regulation. It is about ensuring that our country is protected from financial crimes." Read more here: https://lnkd.in/gSKcuexi #KordaMentha #FinancialCrime #AML #CTF

What are the implications for legal practitioners when considering requirements to obtain relevant expert evidence? Ben Mahler, KordaMentha Partner, considers a NSW Supreme Court decision where the plaintiffs’ solicitor was ordered to pay the costs of a trial in circumstances where they advised their client no expert evidence was needed to prove their case. This is a bonus case review, with 300 more cases of potential interest featured in our upcoming Expert Evidence: Recent Cases book, launching on 29 October. Find out how to pre-order your copy and read more here: https://lnkd.in/gGAkYT6z #KordaMentha #ExpertEvidence

KordaMentha is proud to announce that our restructuring associate Nicola Panizza has been recognised as a finalist of the 2024 Female Young Gun Award by WIRQ - Women in Insolvency and Restructuring Queensland Inc.   #KordaMentha #WomenInInsolvency #WIRQawards

We are excited to launch the third edition of our Expert Evidence: Recent Cases eBook on 29 October. This highly anticipated follow up to our first and second editions summarises approximately 300 judgments relating to expert evidence, presenting 35 Australian and, for the first time, 5 Singaporean case reviews. The book also includes several articles written by our team which address issues relating to the role of expert evidence in more depth. In an exclusive sneak peek, Executive Director Jacqueline Woods - Forensic Accountant discusses a Federal Court decision that examines the circumstances in which an unsatisfied party can object to an expert determination. Find out how to pre-order your copy and read more here: https://lnkd.in/gErciH4J Meet our editorial team: Ben Mahler, Bruce O'Shea, Andrew Ross, John Temple-Cole (寇世臣), Emily Low, Luke Deakin

KordaMentha's restructuring associate Anastasia Nikitaras recently spoke as a panellist at the Industry Connect: Accounting and Finance Career Expo at Swinburne University of Technology. The panel, moderated by Dr John Webster, CA, CPA, discussed the current financial and accounting climate and shared insights into how students can best prepare for a career in finance and professional services. #KordaMentha #Finance #Advisory #FutureOpportunities #StudentSuccess

KordaMentha is delighted to officially open their new, larger office in Auckland. Enhancing their presence in New Zealand cements the firm’s commitment to the market and its strategy to connect clients to more opportunities across Asia Pacific. #KordaMentha #NewZealand #Opportunities #Growth #Advisory

KordaMentha strengthens its public sector capability with the appointment of Peita Taylor as Partner in its Restructuring team. Peita brings extensive procurement, supply chain transformation and cost-out experience across a wide range of industries, bolstering the firm’s specialist advisory capability to drive real impact and outcomes for clients navigating evolving and complex operating models. Read more here: https://lnkd.in/gjRJfrkV #SupplyChain #Transformation #ChangeManagement #KordaMentha

KordaMentha was thrilled to host a truly esteemed healthcare panel event last night in Melbourne. Moderated by KordaMentha Partner James Wagg, the panel featured Martin Foley, Dale Fisher AM, Nicole Brady and KordaMentha’s Healthcare lead Richard Ainley. The discussion covered healthcare challenges, including system reforms, economic hurdles and market disruptions. #Healthcare #HealthcareReform #HealthcareLeaders #KordaMentha