[ap-intact] COMMENTARY: More can be done to keep foreign criminal funds out of Australian property

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"Chinese criminal funds may be propping up Australia’s real estate market. Why is Australia’s anti-money laundering framework not providing sufficient comfort that these concerns are addressed? The answer lies in both the scope of Australia’s anti-money laundering and counter-terrorism financing laws, as well as the enforcement of these laws, especially in relation to proceeds of foreign offences."

More from Louis de Koker, professor of law, Deakin University, in The Conversation. http://theconversation.com/much-more-can-be-done-to-keep-foreign-criminal-funds-out-of-australian-property-48986

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