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Doors wide open

2017

Corruption and real estate in four key markets

The real estate market has long provided a way for individuals to secretly launder or invest stolen money and other illicitly gained funds. Not only do expensive apartments in New York, London or Paris raise the social status of their owners and enhance their luxurious lifestyles, but they are also an easy and convenient place to hide hundreds of millions of dollars from criminal investigators, tax authorities or others tracking criminal behaviour and the proceeds of crime.

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Australia|AML/CTF|Submission
Submission: Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2026

May 08, 2026

Download Transparency International (TI) Australia is pleased to provide the following comments and recommendations in relation to Schedule 1 and Schedule 3 of the proposed amendments to Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). TI Australia supports the changes to definitions of...

Australia|Russia|AML/CTF|Sanctions|Report
From Russia with cash: exploring Australia's vulnerabilities to Russian dirty money

February 24, 2026

Download Australia's political stability, open economy and strong financial and property markets make the country an attractive destination for global investment - and a target for illicit financial flows. Long-standing structural weaknesses in anti-money laundering regulations, available sanctions data and beneficial ownership transparency have...

Australia|Public integrity|AML/CTF|Submission
Submission: Review of use of legal professional privilege in Commonwealth investigations

February 25, 2025

Download Transparency International Australia is pleased to provide the following submission to this review on the use of legal professional privilege in Commonwealth Investigations. We focus our submission on legal professional privilege as it relates to anti-corruption compliance, particularly anti-money laundering. We endorse the...