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Tag Archives : FATF

Why Have Money Laundering Laws if They Impose High Costs and Yield No Benefits?

Why Have Money Laundering Laws if They Impose High Costs and Yield No Benefits?

Posted on October 28, 2010

It was only a few decades ago that there was no such thing as money-laundering laws. Instead, the focus of law enforcement was on the underlying criminal behavior (such as robbery) that generated ill-gotten gains. In recent decades, however, politicians around the world have passed hundreds of laws, created hundreds of agencies, and spawned several international […]

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