78031 Anti-Money Laundering and Proceeds of Crime

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.

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)