Category Main

Layering Layering is the process of separating the proceeds of criminal activity from their origin through the use of many different techniques to layer the funds. These include using multiple banks and accounts, having professionals act as intermediaries and transacting…

Integration It is the stage at which laundered funds are reintroduced into the legitimate economy, appearing to have originated from a legitimate source. Integration is the final stage of the process, whereby criminally derived property that has been placed and…

Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both national…

Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both national…

Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both national…

Publishing the long-awaited pages 13 years after they were first classified, the White House insisted they show no link between Saudi Arabia and the hijackers who carried out the terrorist attacks. The pages put into the public domain the remaining unseen section of…

As the Board of Directors focuses its attention on risk oversight, there are many questions to consider. One topic the Board should consider is how the organization safeguards itself against breakdowns in risk management (e.g., when a unit leader runs…