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Money laundering

When money gained through crime is made to look as if it has been obtained legitimately – the process is called money laundering. This can be done simply through gambling at casinos or by more complicated financial transactions. More than $1.5 trillion of illegal funds is estimated to be laundered worldwide each year with an around $4.5 billion laundered in Australia. The AIC has been researching this crime for some years, particularly in relation to the financing of terrorism. More about the AIC’s research, as well as links to international and national agencies and organisations working in this field, is available on this website.

Recent publications

• Money laundering and terrorism financing risks to Australian non-profit organisations
  10 February 2012
• Anti-money laundering and counter-terrorism financing across the globe: A comparative study of regulatory action
  10 February 2012
• Trade-based money laundering: Risks and regulatory responses
  10 February 2012
• Misuse of the non-profit sector for money laundering and terrorism financing
  16 September 2011
• Fraud vulnerabilities and the global financial crisis
  11 July 2011
• Money laundering and terrorism financing risks posed by alternative remittance in Australia
  23 April 2010
• Risks of money laundering and the financing of terrorism arising from alternative remittance systems
  23 April 2010
• Alternative remittance systems in Australia: Perceptions of users and providers
  23 April 2010
• Challenges in dealing with politically exposed persons
  25 February 2010
• Charges and offences of money laundering
  22 December 2008
• Money laundering risks of prepaid stored value cards
  04 September 2008
• Money laundering in and through Australia
  18 September 2007
• Money laundering in and through Australia, 2004
  04 June 2007
• Underground banking : legitimate remittance network or money laundering system?
  04 July 2005
• Money laundering in the 21st century : risks and countermeasures
  04 June 1996

Recent events

• Anti-Money Laundering and Counter-Terrorism Financing Conference 2009: Managing Risk: Australian and International Perspectives
  01 April 2009
• Anti money laundering symposium
  30 September 2002
• Money laundering in the 21st century : risks and countermeasures
  07 February 1996