Australia's measures to combat money laundering and terrorist financing

Mutual Evaluation Report Australia - 2015

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The FATF and Asia/Pacific Group on Money Laundering (APG) have completed their assessment of Australia’s anti-money laundering and counter-terrorist financing (AML/CFT) system. The assessment of Australia is a comprehensive review of the effectiveness of its measures to combat money laundering and terrorist financing. 

The mutual evaluation report of Australia sets out how well Australia has implemented the  technical requirements of the FATF Recommendations and how effective its AML/CFT system is.  The report presents the key findings of the assessment team and the priority actions for Australia to improve its AML/CFT system. 

Download the report: 

Full report including executive summary and ratings tables  
Executive summary

Effectiveness and technical compliance: 
2. National AML/CFT Policies and Co-ordination
3. Legal Systems and Operational Issues
4. Terrorist Financing and Financing of Proliferation
5. Preventive Measures
6. Supervision  
7. Legal Persons and Arrangements  ‌
8. International Co-operation

Key findings, ratings and priority actions:

More information: 

Press release: 'Australia has a mature regime for combating money laundering and terrorist financing, but certain key areas remain unaddressed, says FATF'

 

FATF Recommendations

FATF Methodology for assessing technical compliance with the FATF Recommendations and the Effectiveness of AML/CFT systems


Earlier reports on Australia's measures to combat money laundering and terrorist financing