Seven years on: review of the AML/CTF Act
By Yechiel Belfer
The Australian Transaction Reports and Analysis Centre (AUSTRAC) and the Commonwealth Attorney-General’s Department have released an issues paper as part of the ‘seven-year post-implementation review’ of Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislative and regulatory regime.
Stakeholders are invited to provide input into the overall operation of the AML/CTF Act and to identify areas of deficiency or possible enhancement with regard to international best practice and Australia’s global AML/CTF obligations. Submissions are due by 28 February 2014.
The government has indicated that it wants to hear about the practical experience of regulated entities and industry sectors operating under the AML/CTF regime…
If you are registered and logged in to the site, click on the link below to read the rest of the Minter Ellison briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.