In the course of 2016, we have observed sensational information leaks about the use of shell companies in offshore locations, a bank heist that saw thieves steal over US$81 million, and a sovereign wealth fund scandal.
All have involved money laundering.
Meanwhile, cyber-crime and money laundering is growing and evolving at a faster pace than many organisations can detect and prevent. So, how do we fight this ever-growing threat?
This report is divided into two parts; the first, ‘how dirty money moves’, lays out the current situation. The second, ‘the fight against money laundering’, proposes remedies and suggests how all those involved in the fight against money laundering can work together towards a mutual objective: making it as difficult as possible for criminals to profit from their crimes.