ALTERNATIVE REMITTANCE SYSTEMS MONEY LAUNDERING – INDIA – TERRORIST FINANCE CONCERN
December 1st, 2005
BY ALAN OSBORN
ONLY comparatively recently have the world's anti money laundering agencies come to grips with alternative remittance systems (ARS) and even today the scale of the systems and the degree of infiltration by criminals is still not fully known. There have been useful surveys of the practice in the past five years by Interpol, the World Bank and, on a more regional basis, by APEC (Asia Pacific Economic Cooperation) and the IADB (Inter-American Development Bank), but the latest and by far the most comprehensive report is Money Laundering and Terrorist ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.