The term ‘white-collar crime’ was first coined in 1939 by American sociologist Edwin Sutherland who described it as “a violation of criminal law by the person of upper-socioeconomic class in…
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Dr Mathew Leighton-Daly
Legal Book Author, Thomson Reuters
Dr Mathew Leighton-Daly is the commissioned author of our Financial Crime Control and Anti-Money Laundering online publication. Dr Leighton-Daly is an experienced Legal Consultant and Academic at The University of Sydney. He is an internationally-recognised specialist in financial crime control.
The new work incorporates completely revised annotations to the principal Act, together with the Rules and regulatory material previously appearing in the earlier work. This material is complemented with the addition of commentary and legislative excerpts addressing criminal money laundering and civil proceeds of crime legislation.
Posts by Dr Mathew Leighton-Daly
Inside Job: The Plutus Payroll tax fraud conspiracies
The conduct of those persons complicit in the Plutus Payroll Australia Pty Ltd (Plutus) tax fraud conspiracies – the investigation into which is known as Operation Elbrus – amounted to…
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Fool’s Gold: GST and Precious Metals Fraud
It has been two years since ACN 154 520 199 Pty Ltd (in liq) v Federal Commissioner of Taxation (2020) 282 FCR 455; [2020] FCAFC 190 (EBS & Associates) and…
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Cashless is King for the Banks, Not Financial Crime Control
There have been several advocates, particularly post-pandemic, for a cashless Australian society (if not world). Motivations for a cashless society are not limited to the control of financial crime of…
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Controlling the Rise of Financial Crime During the Pandemic: What has Changed?
Fraud and cybercrime are on the rise as organised crime schemes are forced to diversify in the changing face of the pandemic.
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Tax Evasion is Illegal, but not an Offence. Does AUSTRAC Understand its Own Risks?
Unlike some countries (such as the US), Australia’s legislative references to tax “evasion” do not refer to a criminal offence or even a category of criminal offences.
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The Beat Goes On: AML Non-Compliance May Be Widespread
NAB, Crown Melbourne, SkyCity Entertainment and Star Entertainment Group recently reported that they had been referred to AUSTRAC’s enforcement team.
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Money Laundering by Gambling: Regulatory Gap or Green Light?
News of Barangaroo Crown Casino’s alleged non-compliance with AML/CTF laws late last year raises the perennial question of how to best regulate the gambling industry.
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Ownership Versus Control: When Anti-Money Laundering Programs Miss the Point
AML/CTF programs should be developed to ensure they consider the criminal activities of individuals who control the money, not just own it.
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Court of Criminal Appeal Quashes Tax Crime Convictions After Crown’s Creative Accounting
Why did this tax criminal case ultimately fail? Find out – along with what the outcome of the case has revealed about tax intricate accounting practices – here.
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