Australia’s professional services sector is being used to launder money. It’s time for tougher laws
- Written by Jamie Ferrill, Senior Lecturer in Financial Crime Studies, Charles Sturt University
Atstock Productions/ShutterstockAustralia’s stable political and legal systems – and relatively resilient economy – make it an attractive place to do business.
But they also make it an alluring place for criminals to launder ill-gotten gains, heightened by the fact our anti-money laundering regulations are not up to par.
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