WHAT’S WRONG WITH AML?
November 1st, 2014
Nobody has yet made a wholly compelling claim that for all the resources being devoted to fighting money laundering, regulators, law enforcers and businesses are winning the battle against it. Indeed, there is no consensus that the anti-money laundering (AML) establishment is even approaching the challenge in the right way by relying so heavily on the private sector.The Money Laundering Bulletin asked some of the world's best-known AML experts the current system was cost effective and the verdict was essentially negative: all essentially called for greater and ...
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