1) Discuss AUSTRAC and how it applies to corporations. 2) With reference to legislation, identify the general...
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Question:
1) Discuss AUSTRAC and how it applies to corporations.
2) With reference to legislation, identify the general purpose/object of Chapter 7 of the Corporations Act in regulating the financial services industry.
3) Identify what a 'financial product' and 'financial service' is under the Corporations Act and why this is important?
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