The next round of audits for most Phase 2 reporting entities (lawyers, accountants, and real estate agents) are due in 2023 so waiting to the last minute may result in a scramble to find a competent auditor who is free to complete your audit. To reduce the stress (and a possible fine) it pays to be organised and book in early. 

Remember you must have your audit completed before your three-year due date. There are other advantages to booking in early that you may not have thought of:

• By avoiding the last-minute rush and competing with other reporting entities in your specific sector means you have established a permanent audit cycle that sits outside of the busy period for auditors.

• Have peace of mind knowing that any non-compliance will be resolved sooner rather than later.

• An audit completed before the three-year point is still valid and demonstrates to your supervisor that you are pro-active.

And while we have your attention here are some great reasons to choose Strategi as your AML/CFT audit partner:

• You will benefit from our highly experienced team who have been conducting AML/CFT audits since the regime commenced in 2013. We know our stuff.

• With Strategi you have options – you can choose the audit type (limited or reasonable assurance) and mode (onsite or remote) to suit your business.

• We work hard to build trusted and long-term relationships with our audit clients and that includes providing regular sector updates and support to help you remain compliant.

Give our team a call if you have any questions – we would love to hear from you. To register for your AML/CFT audit please click here.