Domestic Cooperation: Australians Working Together (From Money Laundering in the 21st Century: Risks and Countermeasures: Seminar Held in Canberra, Australia, February 7, 1996, P 36-43, 1996, Adam Graycar and Peter Grabosky, eds. - See NCJ-169192)

• NCJ Number: 169197
• Author(s): J Broome
• Date Published: 1996
• Length: 8 pages
• Sale Source: Australian Institute of Criminology
• Publication Type: Report (Technical Assistance)
• Language: English
• Country: Australia

Annotation

The law enforcement community in Australia has recognized the importance of promoting strategic cooperation and coordination at a national level to address organized crime and money laundering; greater participation from the banking, legal, accounting, and financial services sectors is needed to target the major criminals effectively.

Abstract

The National Crime Authority (NCA) was established in July 1984 to work closely with existing police agencies to address organized crime and money laundering. Cooperation and coordination are crucial to the NCA. However, achieving effective cooperation requires hard work based on knowledge, trust, and understanding. The NCA has learned from early mistakes and has implemented promising strategies with partner agencies in the last 4 years. The 1994 Review of Commonwealth Law Enforcement Arrangements noted strategic areas in which the NCA should take an expanded role; the NCA is doing this on a cooperative rather than exclusive basis. It is also clear that law enforcement issues need to be addressed as part of broader policy development and that participation from the financial and legal communities is essential to increasing the success of efforts to address money laundering. 4 references