i-law

Money Laundering Bulletin

Is it all worth it? – AML effectiveness

The Financial Action Task Force (FATF)mutual evaluation reports may show growing technical compliance with its Recommendations yet the return on investment in the global anti-money laundering/counter financing of terrorism (AML/CFT) system, certainly if measured by proceeds of crime recovered, is far from positive. Keith Nuthall wants to know why, and if change is needed, where?

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