Tax evasion and money laundering are conceptually closely related: they both entail some form of concealment. In the … tax authorities, there is a direct overlap between money laundering and tax evasion decisions. The possibility of … tax evasion. Typically the incentives to carry out these activities in other jurisdictions will be higher where the …

, cash has become unpopular in political circles, as it effectively restricts states’ power to tax (explicitly or via …

We exploit a tightening of anti-money laundering (AML) enforcement that imposed disproportionate costs on small banks … to examine the effects of a change in bank composition towards larger banks on real economic outcomes. In response to … experience a withdrawal of small banks and increased activity by large banks. This change in bank composition results in an …

We provide the first thorough investigation of the effect of anti-money laundering inspections on banks' reporting of … quality of suspicious transactions reports being filed by banks before and after inspections. Through a difference …, ceteris paribus, an increase in suspicious transaction reports being filed by banks. Crucially, the effect is not limited to …

by the State Prosecutor for Serious Economic and International Crime (SØIK).Other European banks (Deutsche Bank, Swedbank …

emerging Europe, we show that when local respondent banks lose access to correspondent banking services, their corporate … findings highlight an often overlooked function of global banks: providing the payment infrastructure and trade finance that …

data from emerging Europe, we show that when local banks lose access to correspondent services, their corporate clients …