Over the past 12 years, the concept of risk has become central to the anti-money laundering
(AML, hereinafter) debate worldwide. All the actors involved in the prevention of money …

Money laundering (ML) is a critical source of extracting the money illegally from the financial
system. It is linked to various types of crimes, including corruption, exploitation of a specific …

Money laundering has become a global threat to the international stability and security,
leading both to economic and social upheavals, and to an increase in terrorist threats …

This chapter considers the impact of drivers of over-compliance or so-called 'gold plating'on
decisions of banks to terminate or restrict relationships with customers and counterparts. It …

The introduction of the mandatory risk-based approach in the FATF standards in 2012 was
revolutionary. It promised to free institutions from a general rule-based approach to …

This study examines the relationship between corporate secrecy and financial crime,
presenting an analytical framework to strengthen risk assessment efforts. We develop …

Purpose This paper aims to critically explore the factors influencing the regulation of
gambling and cryptocurrencies as part of anti-money laundering (AML) initiatives in …

What are the criteria used by Financial Action Task Force (FATF) and the European Union to
blacklist jurisdictions at high-risk of money laundering? What are the countries at highest risk …

Purpose The purpose of this study is to ascertain the level of attractiveness of each province
in Indonesia as a potential destination for money laundering activities originating from …

This paper proposes a methodology for constructing the national anti-money laundering
(AML) index based on Mutual Evaluation reports and machine learning models. We employ …