Alexa Bowditch
LinkedinLawyerAlexa joined Holley Nethercote in the Sydney office in 2016. She has experience in financial services law, anti-money laundering and commercial law.
Favourite Quote
“Do not go where the path may lead, go instead where there is no path and leave a trail.” – Ralph Waldo Emerson
My Thoughts
Business Partnerships – What you should know
24 Jul 2020What is a partnership? A partnership is a business structure where two or more people enter into a relationship in order to carry on a business, with the mutual intention to make a profit through…
FACT SHEET: How to set up a Money Remitter (also known as a Money Transfer Operator or Payment Services Provider) Checklist
19 Jun 2020☐ Determine the characteristics of your remittance business Payment corridors and any other jurisdictions you will deal with Currencies you will exchange Customer types Whether your business offers only spot FX or also forward or option…
FACT SHEET: Setting up a Cryptocurrency (Virtual Asset) Exchange Checklist
11 May 2020Before you set up a cryptocurrency exchange... ☐ Determine the structure of your cryptocurrency exchange: Crypto to fiat or crypto to crypto Virtual assets to be exchanged Broker or market maker Provide e-wallets Centralised or…
Outsourcing: How can you comply with an obligation without performing the function?
30 Mar 2020In times like these, are you confident that your business will continue to comply with its obligations where it has outsourced its functions? We explore strategies that your business can implement to ensure it complies…
Cryptocurrency Exchanges must now fully comply with the Anti-Money Laundering and Counter-Terrorism Laws in Australia
04 Oct 2018If you are operating a cryptocurrency/digital currency exchange (DCE) which exchanges fiat (Australian or foreign currency) for digital currency and/or vice versa, you would be aware that from 3 April 2018, you have had obligations…
5 Frequently Asked Questions for Setting up a Cryptocurrency Exchange in Australia
18 Jul 2018With digital currencies having cemented themselves in daily finance updates, they have begun to attract the wider market. Due to the returns that have been made in cryptocurrencies, and the regulatory roadblocks in countries outside…
Room to improve AML/CTF Systems and Controls – Our take on AUSTRAC’s Risk Assessment
25 Oct 2017In July 2017, AUSTRAC released its latest money laundering and terrorism financing (ML/TF) risk assessment which focuses on the securities and derivatives sector. Similar to past risk assessments released by AUSTRAC, this risk assessment has…
So you’re planning on opening a cryptocurrency (e.g. Bitcoin, Altcoin) exchange
28 Jun 2017Bitcoin and other cryptocurrencies have seen a significant value increase in the recent past. If you had the foresight to invest in Bitcoin and Ethereum in January 2017, you would have made 177% and…