Another article forwarded by Prof. Mike Watkins, this one from Stratfor
Global Implications of U.S. Anti-Terrorism Law: SummaryIn an effort to dismantle the financial underpinnings of international terrorism, the United States is cracking down on global money laundering. But stricter international controls on banking and greater scrutiny in the financial sector could backfire, triggering corruption scandals around the globe. Greater transparency and enforcement will also prompt terrorist groups, drug traffickers and criminal organizations to strengthen cooperation and establish more informal laundering networks.
Read the entire article here.
| Money Laundering |
