Table of Contents

Foreword - Phil Mason

1. Global standards, governance and the risk-based approach

2. The war on dirty money is mostly being lost in translation

3. How much do we really know about money laundering?

4. The obsession with defining money laundering

5. Money launderers and their superpowers

6. Global watchlists: money laundering risk indicators or something else?

7. Financial Intelligence Units or data black holes?

8. The ‘fingers crossed’ approach to money laundering prevention

9. Technology: the solution to all our AML/CFT problems

10. SARs: millions and millions of them

11. Information and intelligence sharing

12. Investigating money laundering

13. Prosecuting money laundering

14. Snatching defeat from the jaws of victory: confiscation

15. Countering the financing of terrorism: money laundering in reverse

16. National security vs the threat of money laundering

17. Tax avoidance vs tax evasion

18. Corruption: where did all the good apples go?

19. AML/CFT supervision or tick-list observers?

20. Punishing AML/CFT failures or raising government funds?

21. A future landscape

Conclusion: A call to arms

About the Author

Nicholas Gilmour is a consultant, providing expert advice and guidance to various governments and international organisations in fighting financial crime.

Tristram Hicks is an international criminal justice advisor on the operational effectiveness of anti-money laundering regimes. He is a former New Scotland Yard detective superintendent.

Reviews

"Bang on the (dirty) money. This book is for anyone who wants to understand the problem, why we're failing and what can be done about it." David Lewis, Financial Action Task Force Executive Secretary 2015-22
"In a reader-friendly style for practitioners, the authors present an impassioned case for shaking up the conventional thinking of the 'anti-money laundering complex' and for more dynamic action on using financial investigation in prosecutions and proceeds of crime confiscation." Michael Levi, Cardiff University
"In a reader-friendly style for practitioners, the authors present an impassioned case for shaking up the conventional thinking of the 'anti-money laundering complex' and for more dynamic action on using financial investigation in prosecutions and proceeds of crime confiscation." Michael Levi, Cardiff University