Australia: Lawyers Should be Treated like Banks, Bookmakers and Bullion Dealers

Abstract

In 1993, the operation of Australia's financial reporting legislation was reviewed by a Senate Committee (‘the Committee’). It proposed various changes to the Financial Transactions Reports Act 1988 (FTRA), most of which were accepted in the Government Response in 1995. One of the few points of disagreement was whether the reporting requirements of the FTRA should be extended to cover solicitors.

Citation

Cotton, J. (1998), "Australia: Lawyers Should be Treated like Banks, Bookmakers and Bullion Dealers", Journal of Money Laundering Control, Vol. 1 No. 3, pp. 255-258. https://doi.org/10.1108/eb027147