Money laundering: emerging threats and trends

Abstract

Purpose

The purpose of this paper is to explore typologies as well as emerging trends and threats in money laundering.

Design/methodology/approach

Recent trends and emerging threats in money laundering are discussed, both in terms of predicate activities (drugs, fraud) and in terms of techniques/typologies.

Findings

It is found that the challenges and risks posed by money laundering to financial systems and to the rule of law persist.

Research limitations/implications

Understanding evolving and emerging typologies and techniques is necessary to address money laundering challenges.

Practical implications

Considerable resources are applied by regulators and the regulated to anti‐money laundering systems; this paper provides a measure by which the robustness of those systems can be examined.

Originality/value

This paper provides a succinct but comprehensive overview of the current state of money laundering, as well as a look at emerging threats.

Citation

Simser, J. (2013), "Money laundering: emerging threats and trends", Journal of Money Laundering Control, Vol. 16 No. 1, pp. 41-54. https://doi.org/10.1108/13685201311286841