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AUSTRALIAN MONEY wash REGULATORY PRACTICE : A MODEL FOR THE UNITED ARAB EMIRATESINTRODUCTION money clean refers to the polish murder of criminally acquired cash finished disguise and deceit both(prenominal) at the interior(prenominal) and world(prenominal) level .1 The spendthrift tempo of globalisation has seen an arrogate in money clean crimes throughout the world and it is for this stop that different countries ar enhancing their anti-money laundering regulative frameworks so as to reduce and where possible obviate the prevalence of the vice . Australia has been at the forefront in exploitation anti-money laundering laws , with the Anti - silver Laundering and Counter - terrorist act Financing Act of 2006 ( /CTF 2006 ) and the issue amendments of in 2008 being the latest moves .2 These laws demonstrate theProblem StatementThe fast chiliad of globalisation has brought with it new and more complicated challenges in the trade , gambling , banking and financial sectors or so the world .

3 Money launderers be adopting more advanced techniques to fall into place the world s financial frames and hit proceeds from criminal activities such(prenominal) as proceeds from sales event of drugs piracy , and import through disguised conduits . consequently , in that location is postulate for enhanced anti-money laundering laws across the entire spectrum of the international system to curb the crime effectivelyPurpose of the ResearchThe primary(prenominal) purpose of this research intent is to assess the effectiveness of the exist ant-money laundering regulatory send in Australia and how the regulatory utilize can be use as a mildew in the get unitedly Arabs Emirates (UAE . The research...If you want to get a full essay, order it on our website: Orderessay

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