Into the shadows - tracking alternative remittance

Informal, trusted channels for moving funds cross-border, with many generations old, are legal if registered, but also offer an ideal cover for illicit transfers and so, frankly, are a headache for law enforcement. Jonah Anderson of White & Case puts a spotlight on underground banking.

Jonah Anderson (+44 (0)20 7532 2293, jonah.anderson@whitecase.com) is a partner at White & Case in London.

Informal, trusted channels for moving funds cross-border, with many generations old, are legal if registered, but also offer an ideal cover for illicit transfers and so, frankly, are a headache for law enforcement. Jonah Anderson of White & Case puts a spotlight on underground banking.