No place to hide
Anti-money laundering procedures already underway have been intensified following 11 September in an attempt to suppress terrorist organisations. Carolyn Boyle looks at some of the legislation being introduced worldwide
In the wake of 11 September there has been heightened awareness of the insidious threat that is posed by money laundering and financial crime. In a bid to choke the funds of the terror networks, the US Government has pushed through emergency anti-money laundering legislation and other administrations around the world are quickly following suit. While the crackdown has assumed greater urgency in the wake of the terrorist attacks, it was well underway before the war against terrorism began.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651