Purpose–The purpose of this paper is to explore the relationship between anti‐money
laundering (“AML”) and combating of financing of terrorism (“CFT”) customer due diligence …

Purpose Indeed, the value of money laundering globally is between 2% and 5% of the
world's gross domestic product, which represents 800bnto 2 tn per year. There is therefore a …

Purpose–The purpose of this paper is to investigate Financial Action Task Force (FATF)'s
risk‐based guidance to combat money laundering and terrorist financing to determine its …

Purpose–The purpose of this paper is to investigate the level and nature of criminal abuse of
financial products that are classified as posing a low anti‐money laundering/combating of …

Purpose–The OECD recently identified tax crime as one of the top three sources of money
laundering. In the context of increased acknowledgement that tax evasion, capital flight and …

Mobile financial services, specifically mobile money, has the potential to expand access to
financial services to millions of unbanked people in South Africa. As such, it looks very …

Financial Inclusion has been on the global policy agenda, including in the Southern African
Development Community (SADC), for many years. Global standards-setting bodies, such as …

The September 11 attacks, which were followed by strikes in Madrid and that of Bali,
Pakistan and Casablanca, Saudi Arabia to London, then Turkey and the state of Chechnya …

This case study highlights the need for appropriate interpretation and enforcement of FATF
recommendations in developing and middle income countries using the example of South …

Studies have established that promoting financial inclusion in tandem with traditional
financial sector policy and regulatory objectives such as financial stability and integrity, and …