Collateral damage – AML & sanctions in war

Criminal money does not pose the same existential threat as an invading army but its corrosive flow will continue around and through any conflict. There will be delay, at least, as the bad actors adapt to circumstance while a clear focus on sanctions evasion may even bear on the final outcome. Keith Nuthall considers the impact on the fight against illicit finance of hostilities in different parts of the world.