Countering Financial Crime in Australia

The financial crime activities of transnational and domestic organised criminal syndicates pose a significant and growing threat to national security, with dire implications for public safety, public health, democratic institutions, and economic stability in Australia. Not only are criminal networks expanding, they are also diversifying their activities, resulting in the convergence of threats that were once distinct and today have explosive and destabilising effects. Financial crime threatens to cause significant damage to the Australian financial system through its subversion, exploitation, and distortion of legitimate markets and economic activity.