Chapter 13: Summary and conclusions
Member States differ in the way in which they respond to money laundering threats. Policy responses to laundering activities range from the implementation of the Third Directive and the criminalization of money laundering and terrorist financing to the enforcement of preventive policy, prosecution and, ultimately, the conviction of launderers and terrorists. The book therefore comprises five steps or building blocks: _ the threat of money laundering; _ the legal implementation of AML policy; _ the execution of AML policy; _ the enforcement of AML both nationally and internationally; and _ an effectiveness evaluation and cost-benefit analysis.
You are not authenticated to view the full text of this chapter or article.