Description
Edward Elgar Publishing Ltd The Economic And Legal Effectiveness Of The European Unions Anti-Money Laundering Policy. by Cp Edward Elgar
Official government policies against money laundering in the EU have been in place for roughly 25 years after much concerted effort and a great deal of time and money invested. This volume examines the anti-money laundering policy of the EU Member States in connection to the threat of money laundering they face. During a three-year study the authors analysed the policies in-depth by travelling to 27 Member States to interview over a hundred people involved in the fight against money laundering. The analysis includes an inquiry into the national supervisory architectures a comparison of the definitions of money laundering used in practice a breakdown of the role of Financial Intelligence Units and a cost-benefit analysis of anti-money laundering policy.Skilfully assessing the economic and legal effectiveness of anti-money laundering efforts in the EU this comprehensive study will appeal to students scholars and practitioners working in economics banking finance and law.show more