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Ch 18: The Anti-Money Laundering and Counter-Terrorism Financing Act
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risk:Part A of the AML / CTF program deals with identifying, managing and reducing the .............. of money-laundering and terrorism financing.
moneylaundering:Where money made through criminal activity is streamed through a business to conceal its origins (two words).
financing:Terrorism ................... Where businesses are helping raise money that is intended to be used for terrorist activity.
threshold:....................... transactions. Transfers of more than AUD $10,000 (or the foreign currency equivalent).
reportingentities:Businesses providing 'designated services' are known as ......................... under Section 6 of the Anti Money Laundering Act 2006 (two words).
program:The 2006 Act imposes an obligation on reporting entities when they provide designated services to set up AML / CTF .......................
suspicious:When a customer engages in these types of matters AUSTRAC must be notified.
austrac:To ensure that money laundering or terrorism financing do not occur, certain businesses must report to ..........................
identity:Reporting entities are required to verify a customer's ..................... before providing a 'designated service'.
Ch 18: The Anti-Money Laundering and Counter-Terrorism Financing Act
Across:4. | Part A of the AML / CTF program deals with identifying, managing and reducing the .............. of money-laundering and terrorism financing. | 6. | Businesses providing 'designated services' are known as ......................... under Section 6 of the Anti Money Laundering Act 2006 (two words). | 8. | Reporting entities are required to verify a customer's ..................... before providing a 'designated service'. |
| | Down:1. | When a customer engages in these types of matters AUSTRAC must be notified. | 2. | To ensure that money laundering or terrorism financing do not occur, certain businesses must report to .......................... | 3. | Terrorism ................... Where businesses are helping raise money that is intended to be used for terrorist activity. | 5. | ....................... transactions. Transfers of more than AUD $10,000 (or the foreign currency equivalent). | 7. | The 2006 Act imposes an obligation on reporting entities when they provide designated services to set up AML / CTF ....................... |
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© 2013
PuzzleFast.com, Noncommercial Use Only
Ch 18: The Anti-Money Laundering and Counter-Terrorism Financing Act
Across:4. | Part A of the AML / CTF program deals with identifying, managing and reducing the .............. of money-laundering and terrorism financing. | 6. | Businesses providing 'designated services' are known as ......................... under Section 6 of the Anti Money Laundering Act 2006 (two words). | 8. | Reporting entities are required to verify a customer's ..................... before providing a 'designated service'. |
| | Down:1. | When a customer engages in these types of matters AUSTRAC must be notified. | 2. | To ensure that money laundering or terrorism financing do not occur, certain businesses must report to .......................... | 3. | Terrorism ................... Where businesses are helping raise money that is intended to be used for terrorist activity. | 5. | ....................... transactions. Transfers of more than AUD $10,000 (or the foreign currency equivalent). | 7. | The 2006 Act imposes an obligation on reporting entities when they provide designated services to set up AML / CTF ....................... |
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© 2013
PuzzleFast.com, Noncommercial Use Only