AUSTRALIA PUSHES AHEAD WITH COMPREHENSIVE ANTI-MONEY LAUNDERING REFORMS
June 1st, 2008
BY KARRYN CARTELLE
AUSTRALIA is currently ranked as the eighth largest market in the world - third largest within the Asia-Pacific region after Japan and Hong Kong - in terms of its total stock market capitalisation of AUD$1.63 trillion (USD$1.53 trillion) in 2007 (World Federation of Exchanges figures). Australia's over-the-counter and exchange-traded financial markets are valued at AUD$120 trillion (USD$113 trillion) reported The Bureau of International Narcotics and Law Enforcement Affairs (March, 2008). Also, it claims the Australian dollar holds seventh ...
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