BY PAUL O’DONOGHUE, Senior Correspondent
BRENDAN Thomas, the CEO of financial crime watchdog AUSTRAC, has said Australia is lagging behind international AML standards.
He warned that the issue has been allowed to fester for years, and could be damaging the country’s image on the international stage.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
View subscription optionsIf you have an account, log in