ANTI-MONEY LAUNDERING IS BECOME A PROFESSION, BUT A UNIVERSAL MODEL IS FAR AWAY
January 1st, 2009
BY ALAN OSBORN
A RELATIVE newcomer has joined the ranks of the world's professionals in the financial services sphere - the anti-money laundering practitioner. True, not everybody would agree that he or she warrants a place up there with accountants, lawyers and the other traditional professionals. "It's a bit high-falutin to say it's a profession" said a top anti-money laundering man at a major bank in the City of London. But they think differently in America: "not only is it a developing profession here but I think it's reached a certain degree ...
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