Agents, lawyers and accountants could be forced to report suspicious transactions, as pressure mounts to make Australia less attractive for illicit funds.
Agents, lawyers and accountants could be forced to report suspicious transactions, as pressure mounts to make Australia less attractive for illicit funds.
Alongside the US and Canada, Australia is one of just three developed countries without anti-money laundering laws for real estate agents, lawyers and tax professionals.
The Law Council of Australia has appointed a new CEO, who formerly worked in the Attorney-General’s department and in the High Court of Australia. Dr James Popple has been appointed as the new CEO