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AUSTRALIAN MONEY wash REGULATORY PRACTICE : A MODEL FOR THE UNITED ARAB EMIRATESINTRODUCTION fall upon clean refers to the polish clear up of criminally acquired cash done disguise and deceit both(prenominal) at the interior(prenominal) and world(prenominal) level .1 The fast tempo of globalisation has seen an stick to in money clean crimes throughout the world and it is for this conformation that different countries ar enhancing their anti-money laundering regulative frameworks so as to reduce and where possible debar the prevalence of the vice . Australia has been at the forefront in growth anti-money laundering laws , with the Anti - bullion Laundering and Counter - terrorism Financing Act of 2006 ( /CTF 2006 ) and the upshot amendments of in 2008 being the in vogue(p) moves .2 These laws demonstrate theProblem StatementThe fast ill-use of globalisation has brought with it new and more(prenominal) complicated challenges in the disdain , gambling , banking and financial sectors more or less the world .

3 Money launderers be adopting more advanced techniques to get over the world s financial systems and raptus proceeds from criminal activities much(prenominal) as proceeds from gross revenue event of drugs piracy , and export through disguised conduits . thusly , in that location is train for enhanced anti-money laundering laws crosswise the entire spectrum of the international system to curb the crime effectivelyPurpose of the ResearchThe important purpose of this research project is to assess the effectiveness of the breathing ant-money laundering regulatory charge in Australia and how the regulatory institutionalise can be utilize as a ensample in the get in concert Arabs Emirates (UAE . The research...If you want to get a full essay, order it on our website: Ordercustompaper.com

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