2000 Churchill Fellowship

By Government Printing Office

Book Id: WPLBN0000026344
Format Type: PDF eBook
File Size: 0.2 MB
Reproduction Date: 2005

Title:	2000 Churchill Fellowship
Author:	Government Printing Office
Volume:
Language:	English
Subject:	Government publications, Legislation., Economic & political studies
Collections:	Government Library Collection, Government Printing Office
Historic Publication Date:
Publisher:	Government Printing Office


Citation APA MLA Chicago Office, G. P. (n.d.). 2000 Churchill Fellowship. Retrieved from http://self.gutenberg.org/

Description
Government Reference Publication

Excerpt
Excerpt: My Churchill Fellowship involved an investigative research project to assist Australian law enforcement agencies combat organised crime, in particular, money laundering via ‘alternative remittance and underground banking systems’ (AR/UBS). Alternative remittance systems are operated by entities (‘alternative remittance agents’) for moving money (or other forms of stored value) between jurisdictions on behalf of customers who do not wish to directly use the ‘formal’ banking system. There is increasing international concern about money laundering via AR/UBS. The potential for criminal abuse of such systems is substantial due to their largely unregulated nature, and the ability to preserve the anonymity of their customers and conceal the source of funds remitted. In Australia alternative remittance systems have been used to facilitate the laundering of proceeds of organised crime, including drug trafficking and large-scale revenue evasion.

Table of Contents
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