Australia Signs Eight New Anti-Money Laundering Agreements
Following its attendance at the Annual Plenary Meeting of the Egmont Group
of Financial Intelligence Units, held last week in Guernsey, it has emerged
that Australia has signed new bilateral anti-money laundering agreements with
eight countries. Speaking following the inking of the deals, Australian Justice Minister, Chris
Ellison revealed that Argentina, Columbia, the Cook Islands, Estonia, Ireland,
Slovakia, Spain and Thailand have agreed to exchange financial intelligence
on money laundering matters with the Commonwealth. He went on to reveal that all of the agreements were signed by AUSTRAC director
Neil Jensen and his overseas counterparts at the Guernsey meeting, with the
exception of the Spanish agreement, which was signed in Madrid late last month. The Justice Minister welcomed the eight new agreements, observing that: "Building bilateral relationships with our international partners is essential
in extending and strengthening the international financial intelligence exchange
network." .
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