The Economic and Legal Effectiveness of the European Union’s Anti-Money Laundering Policy
Show Less

The Economic and Legal Effectiveness of the European Union’s Anti-Money Laundering Policy

Brigitte Unger, Joras Ferwerda, Melissa van den Broek and Ioana Deleanu

Official government policies against money laundering in the EU have been in place for roughly 25 years, after much concerted effort and a great deal of time and money invested. This volume examines the anti-money laundering policy of the EU Member States in connection to the threat of money laundering they face.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 9: International cooperation

Ioana Deleanu and Melissa van den Broek


First this chapter looks at how international cooperation takes place, within the AML framework. The chapter tests the hypothesis that in the EU, cooperation in AML matters takes place only between homologue institutions. The chapter then examines the various international cooperation channels available for cooperation within the EU and outside the EU. Since there are more international cooperation channels available to European counterparts with the aim of strengthening European cooperation, the chapter hypothesises that, for international FIU cooperation, cooperation between EU FIUs is easier than cooperation between EU and non-EU FIUs. The criterion the chapter uses for testing this hypothesis is the speed of information exchange. Finally, the chapter tests the hypothesis that international cooperation among the FIUs takes place mostly among neighbouring countries.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.