Money laundering (ML) has become a matter of great concern around the world having profound negative impacts on both economy and society. Different types of perils such as reputational risk, operational risk, legal risk and concentration risk may be emerged due to ML. The well-known American Mafia, Alphonse Gabriel Capone
Author: Md. Mashiur Rahman
Strategies to prevent money laundering and financial crimes
Money laundering (ML) and financial crimes (FCs) are considered as a curse for the country’s economic growth. These criminal activities not only weaken the backbone of the economy but also put the country’s reputations at risk. Besides, the ML and FCs also enhance the cost of doing business especially for