AML Case studies / Reports

Case studies/ reports which can provide in-depth knowledge of this area. Updated regularly.

Source: http://www.aic.gov.au Executive summary People and businesses wishing to transfer money between themselves can make use of a variety of procedures. In addition to using simple cash transactions, most money transfers in Western societies take place using conventional banks and other financial institutions. In addition to ordinary banking, however, money and...
On 10 April 2006, a DC-9 jet landed in the port city of Ciudad del Carmen, on the Gulf of Mexico, as the sun was setting. Mexican soldiers, waiting to intercept it, found 128 cases packed with 5.7 tons of cocaine, valued at $100m. But something else – more...
Illicit money: how much is out there? 25 October 2011 - Criminals, especially drug traffickers, may have laundered around $1.6 trillion, or 2.7 per cent of global GDP, in 2009, according to a new report by UNODC. This figure is consistent with the 2 to 5 per cent range previously...
By Laura Billings Introduction Multinational corporations (MNCs) in various manufacturing and service industries have historically borne the brunt of Foreign Corrupt Practices Act (FCPA) prosecutions. By necessity, they have developed effective anti-corruption compliance programs. Meanwhile, financial institutions (FIs), the primary targets of anti-money laundering and Office of Foreign Assets Control (AML/OFAC)...
Through fake deposits How the bad guys and girls try to launder money and how we catch them, a Case Study. By far the greatest threat of money laundering comes from the community pariah, ie. the drug dealer. The biggest issue every drug dealer has is the amount of cash they receive...
International Narcotics Control Strategy Report BUREAU OF INTERNATIONAL NARCOTICS AND LAW ENFORCEMENT AFFAIRS March 2008  Report In the United States and around the world, law enforcement continues to struggle with the many low-tech but highly effective ways criminals launder money and finance terrorism. Over the last several years, the INCSR Volume II has...