Money Laundering

It’s time for America to think differently about money laundering and risk assessment 

There is a robust international network working to prevent money laundering. It’s called the FATF (Financial Action Task Force). It has headquarters in Paris and works through nine regional satellite organizations on every continent except Antarctica. It provides guidance to more than 100 countries on anti-money laundering best-practices, and it puts offenders and scofflaws on either a greylist (naughty) or blacklist (criminal) as a way to herd all these cats.