Best Practices for AML Management: Unpacking Tranche 2 Reforms
Presenters:
Tarun Philip | Director | Kwela Solutions/ Folio
Michael Nelson | Customer Experience Manager | LexisNexis Regulatory Compliance
12:00pm Sydney Time Wednesday May 13, 2026
Tranche 2 AML/CTF reforms are closer than many realise, and from July 1, newly regulated entities will need to show they’re actively meeting their obligations. The consequences of falling short — regulatory scrutiny, financial penalties, and reputational damage — make this a critical moment to get the house in order.
This webinar is tailored for compliance leaders looking for clear, practical guidance on what needs to happen and when. Together we’ll explore:
- Where organisations face the greatest exposure under Tranche 2
- Key deadlines and the steps needed to stay ahead of enforcement risk
- AUSTRAC’s expectations for a robust, risk-based AML/CTF program
- How to build and implement a program that holds up to audit and review
About our Speakers
Michael Nelson
Customer Experience Manager, LexisNexis Regulatory Compliance.
Michael Nelson has worked in a number of industries over the course of his professional career, including the performing arts, the Commonwealth Public Service, a decade with a boutique insolvency practice specialising in forensic accounting and litigation, and is now the Customer Experience Manager with LexisNexis Regulatory Compliance. Michael works closely with the LexisNexis content team and channel partners to ensure that customers’ needs are identified and addressed quickly and effectively.
Tarun Philip
Co-Founder and Managing Director, Folio
Tarun is a Co-Founder and Managing Director of Kwela Solutions. His role is to manage product direction, to grow the Folio client base and build partnerships. Tarun has over 20 years experience with Governance, Risk and Compliance.
LexisNexis Regulatory Compliance helps you forge a clear path to compliance. With LexisNexis content know-how at the core, our compliance registers, alerts, and information-driven solutions make compliance uncomplicated for GRC professionals across the globe.
Folio is a web based Risk, Compliance, Incident and Contract platform. Folio is configurable, easy to use and cost effective. Folio clients come from a range of industries including Financial Services, Disability Services, Aged Care, Not for Profits, Health and Government.