Follow us on LinkedIn, Instagram, Facebook, YouTube and Twitter
By June Ramli
Tweet
Australia’s Dark Money Laundering Underbelly
Australia is currently the most vulnerable country in the developed world to the crime of money laundering.
Alongside Haiti and Madagascar, Australia is one of the three countries worldwide that have not implemented Tranche 2, a tightening of anti-money laundering and counter terrorism financing laws that will regulate the law, accounting and real estate industries.
With no regulatory framework or government support many Australian businesses don’t know how to best protect themselves and most importantly still don’t realise the risky nature of current processes.
Our chat today is going to be with Auckland-based First AML founder and CEO Milan Cooper, whose global company offers a technology solution that helps businesses to protect themselves against crime now.
In this podcast, we discuss:
- What is Tranche 2?
- Why is Australia lagging behind the rest of the developed world?
- Some money laundering scandals that have taken place in Australia and what could have been done to avoid it and much more.
Without further ado, listen to the full interview here.
Listen to our previous episodes here:
- Podcast : Malaysian Influencer Elle Fara
- Podcast : Rediscovering Sabah
- Podcast : Pablo Amirul of Air Force The Movie
- Podcast : Dr Lisa Myers of When the Light Goes Out
- Podcast : Kris Davant of Frollo
Subscribe to DailyStraits.com podcasts at:
Spotify, iTunes, Google, Anchor, iHeartRadio, SoundCloud, Amazon, Stitcher, YouTube and Acast
- 2025 Travel Trends Unveiled
- Malaysia Battles Pompe Disease
- Bali Airshow Champions Innovation
- Navigating Finance in Digital Banking
- Wavie Revolutionizes Property Sales
- Torch Relay Highlights Heritage
- IATA Urges Revenue Release
- Securing Tech Transfer Commercialization
Editor’s Note: You can now download our app on the Google Play Store or the Apple Store, or write your next best-selling novel with our sister app Toolis, available on the Apple Store and Google Play Store or purchase something from us at www.tapiroo.com, yayaezzy.com or at lazybumskincare.com.au.
We are happy to note that we are also now on Amazon Australia. Purchase our products as a show of support to us. They are Yaya, Ezzy, Tante June and Xeno backpacks or our beauty products such as LazyBum Skincare Facial Cleanser, LazyBum Skincare Toner and Moisturiser and Blitz Hair Oil Spray.
Also, check out our rate card and media kit here if you would like to advertise with us on this website. Thank you!
Like What You Read?
Howdy! Thanks for dropping by and reading our stuff. DailyStraits.com is an independent website that covers all things business and entrepreneurship related. If you like what you read, a little donation from your good self will go a long way in helping us run this site successfully. Thank you!
$5.00
June Ramli is the editor of DailyStraits.com. To stay in touch with June, look her up on Twitter @junesairaramli