AML doesn’t even work!
- AML policy intervention has less than 0.1% impact on criminal finances
- compliance costs exceed recovered criminal funds more than 100x
- banks, taxpayers and ordinary citizens are penalized more than criminal enterprises
https://www.tandfonline.com/doi/full/10.1080/25741292.2020.1725366
weezel
npub16u…cv8yd
2023-02-19 12:36:08
Author Public Key
npub16uqhv2xpgmn2w9gmg00dvs28x9pd79wzcdnqcmfjjtpym35qymmq3cv8ydPublished at
2023-02-19 12:36:08Event JSON
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"content": "AML doesn’t even work! \n\n- AML policy intervention has less than 0.1% impact on criminal finances\n- compliance costs exceed recovered criminal funds more than 100x \n- banks, taxpayers and ordinary citizens are penalized more than criminal enterprises\n\nhttps://www.tandfonline.com/doi/full/10.1080/25741292.2020.1725366",
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