Taking stock of 2018’s money laundering scandals: When is enough enough? (Part 2)

Global Financial Integrity

Taking stock of 2018’s money laundering scandals: When is enough enough? (Part 2)


By Daniel Neale, January 9, 2019

The first half of this two-part blog focused on the role that some of the world’s largest financial institutions played in facilitating illicit financial flows in 2018. Most of those cases centered on inadequacies in their anti-money laundering (AML) controls that resulted in record-breaking fines. The second half of this blog will look at the worst offenders of last year. In some cases, the banks had to be shut down for blatant links to criminal activity and sanctions breaches. In others,

... read more at: https://www.gfintegrity.org/taking-stock-of-2018-part-2/

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