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?