
Is your real estate business ready for Australia’s new Anti-Money Laundering and Counter-Terrorism Financing Regime?
Author: Eric Cabrera
The real estate industry is increasingly being placed in the spotlight for its potential involvement in illicit financial activities such as money laundering and terrorism financing (albeit inadvertently). In response to these growing concerns, the Australian government has significantly reformed its Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regime. These changes are designed to make it...