Transparency International Australia welcomes the opportunity to provide comments and recommendations to this proposal being the second consultation on modernising Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) regime.
FATF
Transparency International Australia’s submission focuses on some substantive issues, definitional improvements and a number of specific suggestions to provide greater clarity for corporations. We also hope the guidance can result in stronger anti-bribery and corruption compliance programs more broadly.