Beyond Day Rates: The true value of specialist interim resourcing in Australia’s financial services
In Australia’s highly regulated financial services sector, demand for specialist interim resourcing has never been greater. From compliance projects and remediation programs to large-scale transformation initiatives, financial institutions need rapid access to expertise. But too often, the decision to hire interims is reduced to a day rate comparison. While cost matters, this approach overlooks the […]
Preparing for AML Tranche 2 – Why firms must act now
In a recent interview with Accountants Daily – Avoid last-minute AML/CTF scramble, warns recruiter (Australia), Momenta’s Simon Rippon highlighted the significant challenges facing accountants as AML Tranche 2 is implemented. With up to 90,000 new entities soon to be captured under AUSTRAC’s AML/CTF rules, the sector should prepare to experience one of the most profound […]
Navigating regulatory change in gaming and wagering
Recently, Momenta hosted a roundtable event which brought together senior leaders from the casino, wagering and online gaming industries. The discussions explored practical ways that the sector can keep pace with ongoing regulatory change while lifting outcomes for customers, communities and regulators. The heart of the challenge Several clear themes emerged with the standout premise […]
Elevate your career in Financial Crime: Momenta partners with Griffith University
The demand for skilled professionals in the Financial Crime sector is growing rapidly. With the upcoming AML Tranche 2 legislation set to reshape industries across Australia, the need for advanced knowledge and practical expertise has never been greater. To help meet this demand, Momenta is proud to announce a new partnership with Griffith University’s Academy […]
Understanding Your Compliance Priorities in 2024: How Momenta People Solutions Can Strengthen Your Financial Crime and Compliance Teams
In the ever-evolving landscape of financial regulations, staying ahead of the curve is not just a goal; it’s a necessity. The recent announcement from AUSTRAC outlining regulatory priorities for the year ahead underscores the heightened focus on bolstering the financial system’s resilience against money laundering, terrorism financing, and other serious crimes. As organization’s brace for […]
Navigating AML Tranche 2 Reforms
The Australian Government is reforming Australia’s anti money laundering and counter-terrorism financing (AML/CTF) regime. These regulations propose to extend the existing AML/CTF legislation to certain high-risk services, known as tranche 2 services. The reforms aim to simplify and modernize the regime, reduce complexity, and harden Australian businesses against exploitation by serious organized criminals. Expert insights […]
TCC Group Acquires Momenta Group
TCC Group acquires Momenta Group to expand compliance and resourcing solutions for regulated industries TCC Group, headed by The Consulting Consortium Holdings company – a leading provider of intelligent compliance and RegTech solutions for financial services and the government – announces the acquisition of the assets and business of Momenta Group trading in the UK […]
Building a Career in AML: Insights from Simon Rippon
The anti-money laundering (AML) and financial crime prevention sector is evolving rapidly, driven by regulatory reforms, emerging technologies, and shifting hiring trends. In a recent episode of Total Talk with Dr Giulia Dondoli, Simon Rippon, Operations Director at Momenta, shared practical insights on what it takes to succeed in this dynamic field. Skills and Mindsets […]