Crispin Yuen is an award-winning financial crime risk and compliance specialist with over 20 years' experience across AML/CTF, sanctions, fraud, governance and regulatory remediation. He is the Director of Custos Advisory, an independent financial crime risk advisory practice based in Sydney. His career spans financial institutions and professional services, including Deutsche Bank, ANZ Bank, Commonwealth Bank, AMP, Deloitte and Ernst & Young.
Crispin has served on the ACAMS Australasian Chapter Board since 2007 as Communications Director. He is part of ACAMS' global teaching faculty and co-authored the study guides and exam questions for CAMS, CAMS-Audit and CGSS, most recently completing the 7th edition of the CAMS examination guide. The Australasian Chapter has received the ACAMS Chapter of the Year Award twice, in 2018 and 2024, the first and only chapter to have won this award twice.
He is one of the few professionals in the Asia-Pacific region with direct experience remediating enforcement actions by both AUSTRAC and the U.S. Treasury's Office of Foreign Assets Control (OFAC). At Ria Financial Services, he led the comprehensive remediation of an AUSTRAC enforcement action, including look-back reviews, program redesign and rebuilding of the AML/CTF and Sanctions framework, to the full satisfaction of AUSTRAC, resulting in the lifting of enforcement obligations. He authored compliance best practice standards for the Australian remittance industry that were reviewed and welcomed by the then AUSTRAC CEO. He was an AUSTRAC Approved External Auditor (2011 to 2019), prior to AUSTRAC changing its process for appointing external auditors. At ANZ Bank, while seconded from Deloitte, he was part of the team that remediated the bank's OFAC sanctions enforcement, contributing to a substantial reduction in OFAC's extraterritorial penalty. He also advised on Westpac's AML and financial crime remediation following AUSTRAC's record enforcement action.
Crispin has contributed to financial crime policy and regulatory reform in Australia and internationally. He has twice appeared before the Parliamentary Joint Committee on Law Enforcement as an industry witness, for its Inquiry into Financial Related Crime (2014) and its Inquiry into the Capability of Law Enforcement to Respond to Money Laundering and Financial Crime (2025). He has made submissions to AUSTRAC and the Attorney-General's Department on AML/CTF legislation reviews and to the FATF on its revision of international standards. His work as an expert speaker to the United Nations Ad Hoc Committee on Cybercrime helped inform the adoption of the UN Convention against Cybercrime in 2024. He co-authored Intersections: Building Blocks of a Global Strategy Against Organized Crime (2024) as a member of the Global Organized Crime Steering Committee of the Global Initiative Against Transnational Organized Crime, and is a VACI Expert at the Vancouver Anti-Corruption Institute.
Crispin is the author of the book FATF Review of Standards, 2010 to 2011 and his articles have been published by LexisNexis and Thomson Reuters. His commentary has appeared in ABC News, South China Morning Post and BBC News. He teaches International Financial Crime to Master's degree students at the University of Sydney and Risk Management at Nanyang Polytechnic.
