International Money Laundering
Number of pages:
10
ABSTRACT:
This 10 page report discusses the issues surrounding international money laundering and the responses of governments and regulatory agencies. Money laundering continues to be big business worldwide. Most of the estimated $500 billion in money generated illegally is laundered. Money laundering techniques have become so sophisticated that the trail of money can no longer be effectively traced and have begun to show a significant impact on international as well as national economies. The practice, which involves the transfer of illegally obtained money through third parties to conceal its source, can distort economic data and complicate governments' efforts to manage economic policy. Bibliography lists 9 sources.
FILE NAME:
File: D0_BWlaund.rtf
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