Upcoming Events & Seminars

 New Requirements for Conducting Legal Practice in Australia​ 

​​

1) Who will be affected? This is a discussion of what types of services are the subject of regulation.

2) If you are affected, what will it mean? What is going to be involved in assessing relevant risks in your business? What practical steps will you need to take?  

3) What needs to be reported to the regulator AUSTRAC? How does this fit with a solicitor's duties of confidentiality?

 

From 31 March 2026, most lawyers in Australia will be required to comply with the Anti-Money Laundering and Counter Terrorism Financing Act 2006 (Cth). 

 

Among other things, this legislation targets businesses which provide services that may enable money from the proceeds of crime or tax evasion to be laundered into and concealed within the legitimate economy. Those businesses must enrol with the regulator AUSTRAC, conduct a risk assessment of their business, establish policies to manage the risks, and report certain things to AUSTRAC.

 

Most law firms provide services in the relevant categories, and so the law firms are businesses which will be regulated. For example, the regulated activities can include: 

advising on or acting in connection with a sale or purchase of real estate or a company/business;

• planning for or advising on equity or debt financing of a company/business, trust or partnership;

• planning for, advising on or establishing an association, company, partnership or trust;

• transferring a shelf company;

• providing a registered office for a company; and

• acting as a director, secretary or attorney (under power of attorney) for an entity (that is not an entity that is personal to or controlled by the lawyer).

These are only examples and are not a complete list. 

 

CLE Presenter

Tony Coburn, Senior Advisor, Regulatory at Minter Ellison

Adam Simms, Director, Acclivity (a risk consulting firm specialising in Anti-Money Laundering matters)

  

Location

The Bondi Room, Easts 

93-97 Spring Street, Bondi Junction NSW 2022

 

Date

Wednesday, 19 March 2025

 

Time

6:00pm - 9:00pm

 

Cost

Young Lawyer: $70.00

Young Lawyer + 2024 Membership: $95.00 (Ticket includes a 2024 membership with the ESLS)

Individual: $80.00
Individual + 2024 Membership 2024: $130.00 (Ticket includes a 2024 membership with the ESLS)
Non-Member: $95.00

Individual + 2024 Firm Membership: $280.00 (ONE individual ticket for the dinner seminar + firm membership)