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From: paul@uxc.cso.uiuc.edu (Paul Pomes - UofIllinois CSO)
Newsgroups: comp.org.eff.talk
Subject: Re: Invasion of Privacy in Australia
Message-ID: <1991Jan31.173134.10190@ux1.cso.uiuc.edu>
Date: 31 Jan 91 17:31:34 GMT
References: <6532@exodus.Eng.Sun.COM>
Sender: news@ux1.cso.uiuc.edu (News)
Reply-To: Paul-Pomes@uiuc.edu
Organization: University of Illinois at Urbana
Lines: 23

Bad news comes in waves:

CANBERRA, AUSTRALIA, 1991 JAN 30 (NB) -- The data age has
advanced one more step in Australia with the implementation of
legislation for the tracking of all bank account holders'
transactions. The Cash Transaction Reports (CTR) Act requires
banks and customers to follow a number of rigid new procedures
involving identification and reporting.

[ The rest of the article goes on to detailing procedures required
to identify yourself before opening a bank account, credit card
account, fixed deposit account, or safety deposit box.

The stated aim is to reduce money laundering and other activities
associated with drug trafficking and tax evasion.  It's also a handy
surveillance tool on anyone the government becomes interested in. ]

/pbp
--
         Paul Pomes

UUCP: {att,iuvax,uunet}!uiucuxc!paul   Internet, BITNET: paul@uxc.cso.uiuc.edu
US Mail:  UofIllinois, CSO, 1304 W Springfield Ave, Urbana, IL  61801-2910