This process is of critical importance, as it enables the criminal to enjoy these profits without jeopardising their source. Through the Global Programme, UNODC encourages States to develop policies ...

Placement is the first stage of the three stages of money laundering. At this stage, criminals attempt to enter the ‘dirty’ money into the financial system. This process can be dangerous because large ...

Financial institutions have spent billions on anti-money laundering technology, compliance staff, and regulatory reporting. The investment is real, and so is the commitment. Yet the system as a whole ...

NEW YORK, NEW YORK - OCTOBER 11: A branch of the Canadian based TD bank, on the morning they plead guilty to money laundering, the largest bank in United States history to do so, on October 11, 2024, ...

The global illicit drugs trade is estimated to be worth at least half a trillion US dollars each year. Drugs such as cocaine, methamphetamine and heroin generate large revenues all along their supply ...