Articles on anti-money laundering

Displaying all articles

The trouble with looking for transactions ‘consistent’ with ‘known’ patterns ‘indicative’ of child exploitation payments to countries with ‘known’ risks is that countless legitimate payments exhibit similar features. www.shutterstock.com

Westpac ticking every anti-money-laundering box wouldn’t make much difference to criminals

Anti-money laundering rules give the comfort of doing something, but prevent surprisingly little crime.
A crucial problem with the global approach to anti-money laundering is the emphasis on demonstrating activity rather than results. Paul Miller/AAP

The global war on money laundering is a failed experiment

Anti-money laundering efforts are based on measuring activity, not results. To cut crime and terrorism, we need a frank conversation about where the system has gone wrong.
U.S. President Donald Trump has taught the world many lessons since his time in office – mostly on how not to govern. (AP Photo/Carolyn Kaster)

All the lessons Donald Trump has taught us

Love him or hate him, Donald Trump has shown us a great deal in his short time on the political stage. For that, we should be grateful. Here are the lessons taught by Prof. Trump.

Top contributors

More