As Australian and regional ministers met in Bali, they heard how the rise of the so-called Islamic State is increasing terrorism financing risks with growing concerns over funds entering the region to support local terrorists. They also heard Australian banks are being frequently used to send funds to individuals engaged in foreign conflicts - something often indistinguishable from legitimate transactions.
As Australian and regional ministers met in Bali, they heard how the rise of the so-called Islamic State is increasing terrorism financing risks with growing concerns over funds entering the region to support local terrorists. They also heard Australian banks are being frequently used to send funds to individuals engaged in foreign conflicts - something often indistinguishable from legitimate transactions.
