Vettori, Barbara --- "Evaluating anti-money laundering policies: where are we?" [2013] ELECD 939; in Unger, Brigitte; van der Linde, Daan (eds), "Research Handbook on Money Laundering" (Edward Elgar Publishing, 2013) 474

Book Title: Research Handbook on Money Laundering

Editor(s): Unger, Brigitte; van der Linde, Daan

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9780857933997

Section: Chapter 34

Section Title: Evaluating anti-money laundering policies: where are we?

Author(s): Vettori, Barbara

Number of pages: 13

Abstract/Description:

Although the international community began to focus its attention on money laundering a rather long time ago, there is still very little scientific knowledge about the effectiveness and efficiency of the countermeasures adopted to combat the phenomenon. The aim of this article is to contribute to the debate on the topic by discussing the reasons for this lack of knowledge and critically reviewing traditional (section 34.2) and new approaches (sections 34.3 and 34.4) to assess anti-money laundering (AML) efforts. Amongst the latter, a recent and promising strand of economic literature is discussed.