Tag Archives for CFT

Countering money laundering and terrorist financing

Banks and financial service providers have responsibilities, but they can’t be expected to solve these problems on their own In November 2014 Westpac Bank, one of Australia’s largest banks, announced that it would be closing its remittance business because it was concerned it would not be able to meet the tough new legal obligations being imposed by international anti-money laundering … Continue reading

29 April 2015 by
Categories: Finance, Politics and policy, SPERI Comment | Tags: , , , | Leave a comment