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Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024
39Paragraph 161(2)(b)
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39 Paragraph 161(2)(b)
(b) arrange for the external auditor to carry out an external audit of the reporting entity’s capacity and endeavours to identify, assess, manage or mitigate the risks of money laundering, financing of terrorism and proliferation financing that the reporting entity may reasonably face in providing its designated services at or through a permanent establishment of the reporting entity in Australia; and