Australia is awash with dirty money – here's how to close the money-laundering loopholes
- Written by Jamie Ferrill, Lecturer in Financial Crime Studies, Charles Sturt University
ShutterstockAustralia’s financial crime laws are unfit for purpose. The problem: there are many professionals currently facilitating money laundering within the country who are exempt from the laws and regulations set up to stop it.
To illustrate the extent of the problem, nine people were arrested on money laundering charges this year. They...
Read more: Australia is awash with dirty money – here's how to close the money-laundering loopholes
