TYPOLOGIES – TO REVEAL OR NOT TO REVEAL?
March 23rd, 2023
Should all anti-money laundering typologies be made public? AML experts argue it depends on the circumstances, but in general, as criminals are usually ahead of the curve, there is not always much that the bad guys can learn from typologies unless nitty gritty details are revealed.
There is no shortage of money laundering and terrorist financing typologies in the public realm that highlight the various methods, techniques and schemes that criminals use to obfuscate, launder and move illicit funds through the financial system.
Indeed, the global standard setter, ...
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.