78031 Anti-Money Laundering and Proceeds of Crime

6cp
Requisite(s): 77885 Legal Process and Legal Research OR 60 credit points of completed study in C04148 Master of Law and Legal Practice
These requisites may not apply to students in certain courses. See access conditions.
Postgraduate
Subject coordinator: H Kiel

This subject examines the money laundering process and common typologies, and provides a critical appreciation of international initiatives, including recent measures to combat the financing of terrorism. It covers Commonwealth and State laws and the requirements for reporting of financial transactions, and includes an analysis of comparative anti-money laundering regimes and the more problematic policy issues surrounding confiscation legislation. Consideration is also given to the relationship between the development of anti-money laundering initiatives and the impact of globalisation, including: the use by criminals of the means that have allowed for increased trade; the emergence of economically powerful non-state actors; cross-border crime and corruption; and counter measures in developing economies.

Assessment: Class participation (10 per cent), an oral presentation (20 per cent) and a research essay (70 per cent)

Texts and references

Gilmore, W C, Dirty Money: The Evolution of International Measures to Counter Money Laundering and the Financing of Terrorism, third edn, Council of Europe Publishing, France, 2004

Fee information

2006 contribution for 2005/06 commencing Commonwealth-supported undergraduate students: $1,021.25
2006 amount for undergraduate domestic fee-paying students: $2,310.00
Subject EFTSL: 0.125
Note: The above fees are applicable in 2006 for 2005/06 commencing Commonwealth-supported and domestic fee-paying undergraduate students only. Pre-2005 Commonwealth-supported undergraduate students should consult the Student contribution charges for Commonwealth supported students webpage.
Not all students are eligible for Commonwealth supported places, and not all subjects are available to Commonwealth supported students. Other students (such as postgraduate students and international students) should refer to the Fees webpage.

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at Access conditions and My Student Admin.