[ap-intact] COMMENTARY: Financial Action Task Force says Australian authorities not doing enough to combat money laundering

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“An obscure multinational taskforce investigating global financial security has sounded the alarm about money laundering in Australia. [Australia] gets a dishonourable mention in the report of the Financial Action Task Force, a Paris-based watchdog with the curious acronym FATF. FATF says Australia isn’t trying hard enough to combat money laundering at a time when the poisonous pool of dirty money is expanding rapidly. FATF even suggests some banks and law enforcement agencies are blind to the extent of the problem.“

Read the op-ed by Des Houghton, in The Courier-Mail. http://www.couriermail.com.au/news/opinion/opinion-financial-action-task-force-says-australian-authorities-not-doing-enough-to-combat-money-laundering/story-fnihsr9v-1227395147023

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