The most cynical person in a room would say that what now exists is a ‘prevention by fingers crossed’ approach to money laundering. This chapter explores this idea and finds it is now extremely difficult to prevent money laundering based on old fashioned ideas and perspectives. If we are to prevent money laundering, we must put aside our beliefs and find the truth behind the transfers and purchases which make up money laundering. No longer is it viable to believe AML compliance can be the main line of defence in preventing money laundering.
May 2022 onwards
Past 30 Days
Full Text Views
You are not currently authorised to access the full text of this chapter or article.
To access the full chapter or article then please choose one of the options below.
Pay to access content (PDF download and unlimited online access)