2 ms·
Australia also has very lax money laundering laws, it is said that Mossack Fonseca would have faced less regulation being based in Australia vs Panama. Tories
by cylinder 11y ago
Australia also has very lax money laundering laws, it is said that Mossack Fonseca would have faced less regulation being based in Australia vs Panama.
Tories are all about extracting wealth through property and money management (tax avoidance and money laundering are forms of asset management really).
- jamessb 11y agoAustralia is in the Commonwealth: https://en.wikipedia.org/wiki/Member_states_of_the_Commonwealth_of_Nations https://en.wikipedia.org/wiki/Member_states_of_the_Commonwea...
- nixisfun 11y agoAustralia has reasonably strong money laundering laws. Australia also has quite strong financial tracking via AUSTRAC and the big four banks. Do you have any sources?