The War on Dirty Money

Download or read book The War on Dirty Money written by Nicholas Gilmour and published by Policy Press. This book was released on 2023-02-23 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Billions of dollars are wasted each year trying to prevent ‘dirty money’ entering a financial system that is already awash with it. The authors challenge the global approach, arguing that complacency, self-interest and misunderstanding have now created long-standing absurdities. International and government policy makers inadvertently facilitate tax evasion, corruption, environmental and organised crime by separating crime from its root cause. The handful of crime fighters that do exist are starved of resources while an army of compliance box tickers are prevented from truly helping. The authors provide a toolbox of evidence-based solutions to help the frontline tackle financial crime.