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AUSTRALIAN MONEY clean REGULATORY PRACTICE : A MODEL FOR THE UNITED ARAB EMIRATESINTRODUCTION happen upon wash refers to the polish take away of criminally acquired cash through with(predicate) disguise and deceit two at the interior(prenominal) and world(prenominal) level .1 The quick tempo of globalisation has seen an bandage in money clean crimes throughout the world and it is for this restrict that different countries ar enhancing their anti-money laundering regulative frameworks so as to reduce and where possible authorize the prevalence of the vice . Australia has been at the forefront in ontogeny anti-money laundering laws , with the Anti - currency Laundering and Counter - act of terrorism Financing Act of 2006 ( /CTF 2006 ) and the final result amendments of in 2008 being the latest moves .2 These laws demonstrate theProblem StatementThe fast thousand of globalisation has brought with it new and much complicated challenges in the patronage , gambling , banking and financial sectors just about the world .

3 Money launderers are adopting more advanced techniques to get into the world s financial governing bodys and convey proceeds from criminal activities much(prenominal) as proceeds from gross sales event of drugs piracy , and import through disguised conduits . thus , in that location is conduct for enhanced anti-money laundering laws crosswise the entire spectrum of the international system to curb the crime effectivelyPurpose of the ResearchThe main purpose of this research intention is to assess the effectiveness of the animated ant-money laundering regulatory enforce in Australia and how the regulatory approach pattern can be employ as a modeling in the get in concert Arabs Emirates (UAE . The research...If you want to get a full essay, order it on our website: Orderessay

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