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Tuesday, 16 September 2003
Page: 20228

Mr McClelland asked the Minister for Foreign Affairs, upon notice, on 12 August 2003:

Did Australia attend a regional conference in Bali on 17 and 18 December 2002 to discuss steps to eliminate money laundering and the financing of terrorist acts; if so, what was the outcome of that conference and what steps have been taken by the Australian Government to adopt measures agreed to at that conference?

Mr Downer (Minister for Foreign Affairs) —The answer to the honourable member's question is as follows :

Australia attended and co-hosted with Indonesia a regional Conference on Combating Money Laundering and Terrorist Financing in Bali on 17 and 18 December 2002. The Conference produced a Co-Chairs' Statement at the close of the Conference as well as a Co-Chairs' Report of the meeting. As reflected in these Conference documents, the Conference was successful in its aim of further raising awareness and encouraging action on these issues in the Asia-Pacific region.

Australia's domestic implementation of measures concerning money laundering and terrorist financing is primarily a matter for the Attorney-General's portfolio. My portfolio has responsibility for the terrorist asset freezing regime implemented through Part 4 of the Charter of United Nations Act 1945 and the Charter of the United Nations (Terrorism and Dealing with Assets) Regulations 2002.