Anti-money Laundering (AML)
Australia and New Zealand implement anti-money laundering regimes to deter, detect, and disrupt financial crimes.
CA ANZ supports members by providing practical guidance, advocacy and resources to help members understand and meet their AML obligations.
Understanding money laundering, terrorism and proliferation financing
Money laundering involves converting 'dirty money' from criminal activities into 'clean money' through legitimate businesses and is a significant global issue.
Terrorism financing involves transferring money to fund domestic extremists and overseas terrorist groups. Although less prevalent than money laundering, it can damage the reputation of financial systems.
Proliferation financing involves financing any stage of the procurement of weapons of mass destruction.
