Money Laundering
Contributors: Commonwealth Secretariat (Editor)
Series: Economic Paper Series
Publisher: Commonwealth Secretariat
Published: November 1, 1997
Language: eng
Format: Paperback
Number of pages: 58
ISBN-13: 9780850925012
Subjects: International economic & trade law; International finance; Political economy; Law
Description: This paper aims to draw attention to the key issues in combating money laundering and possible action that could be taken on a coordinated basis. It suggests measures to strengthen the financial sector, considers practical issues involved in combating money laundering in international financial centres and the problems of economic crime and tackling money laundering in the parallel economy. It concludes with a series of action steps which were subsequently presented to and adopted by Commonwealth Finance Ministers and Heads of Government as the basis for concrete action by Commonwealth countries.