The Judgment of the European Court of Justice (Grand Chamber) of 22 November 2022, ECLI:EU:C:2022:912 in the Joined Cases C-37/20 and C-601/20, WM and Sovim SA v. Luxembourg Business Registers has spurred some strong reactions. According to some, it “will leave fraudsters rubbing their hands...

While much has been said regarding the anti-money laundering treatment of crypto-assets, NFTs seem to have remained on the sidelines of such a debate. Collectible NFTs, however, present a distinct AML risk. Eminently, they mix the risk-factor connected with crypto-assets and fine art. As the...

Purpose – The reason for this examination is to check the feasibility of anti-money laundering (AML) regulation implementation in foreign and local banks in Pakistan. Money laundering is most prevalent in the banking sector, as banks deal with the money’s deposition, withdrawal, and funds...

There has been significant discussion in the cryptocurrency and digital asset industry regarding the development of global standards to mitigate fraud and money laundering. However, no such standards have as yet been developed. As a research project, this document is the (edited) first draft of...

This study considers the impact of the FATF’s greylisting process from a market perspective. The results are intended to inform the development of public policy and improvement of market signalling. The study develops a theoretical market impact model and identifies the indicators which may...

This project focuses on using predictive modeling techniques to combat money laundering and improve Anti-Money Laundering (AML) compliance efforts. The IBM Synthetic Financial Data Money Laundering dataset is used to explore the effectiveness of different machine learning algorithms in...

This thesis offers an analysis of Decentralized Finance underpinnings, particularly Non-Fungible Tokens and the challenges these innovations may pose over the European Union AML/CTF legal framework. On the one hand, the thesis will analyze the changes these innovations may bring to the art...

This paper studies the implications of money laundering for the optimal design of central bank digital currency (CBDC). I build a general equilibrium framework to explicitly allow money laundering by agents and income audits by a government. I find that as long as CBDC offers less anonymity than...

This paper discusses money laundering (ML) in Bolivia, how enforcement against it works, and why the concealing of illegally obtained capital it`s being favored by the wide informal economy of the country. Although few data are available to show the effectiveness of anti-money laundering...