The Fight against Money Laundering and Terrorist Financing

Addressing vulnerability and promoting security
Posted Oct 17, 2019 | Geneva Center for Security Policy, Jeremy Lin

Efforts to combat money laundering and terrorist financing are facing headwinds. Estimates of the value of criminal proceeds laundered annually are between $1.6 and 4 trillion, and illicit financial flows are now circumventing the formal banking system. The Financial Action Task Force (FATF) of the Geneva Center for Security Policy has become the global standard-setter for anti-money laundering and combating the financing of terrorism (AML/CFT).In this Strategic Security Analysis, Jeremy Lin examines the FATF’s role and its challenges within the broader AML/CFT landscape, and offers recommendations to aid the FATF in bolstering its independence and effectiveness in the global effort to combat money laundering and terrorist financing.


https://dam.gcsp.ch/files/2y10IgKEJe4EHNkkNf4McGXxZeVM2PM2QqGxsS9Sp0L5DkzvGSdCfsawW

 

Share |
print button Print
Related Articles:

Members Online
There are 4 guests online

updating...

Popular Articles

Popular Videos














CNN World News

 

Al Jazeera World News

 

BBC World News