Handbook of Organised Crime and Politics
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Handbook of Organised Crime and Politics

Edited by Felia Allum and Stan Gilmour

This multidisciplinary Handbook examines the interactions that develop between organised crime groups and politics across the globe. This exciting original collection highlights the difficulties involved in researching such relationships and shines a new light on how they evolve to become pervasive and destructive. This new Handbook brings together a unique group of international academics from sociology, criminology, political science, anthropology, European and international studies.
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Chapter 29: The Financial Action Task Force: fighting transnational organised crime, money laundering, and the limits of experimentalist governance

Ellen Gutterman and Ian Roberge


Money laundering (ML) is central to the operations of transnational organised crime (TOC), and international cooperation to control ML is fundamental in the global policy toolkit to combat TOC. The Financial Action Task Force (FATF) anchors a complex global regime to control TOC through anti-ML regulation. Despite the FATF’s extensive reach, however, opportunities in the global economy for ML and TOC persist. The analytic lens of experimentalist governance (EG) illuminates both the functional elements and the inherent weaknesses of the FATF anti-ML regime and helps to explain this puzzle. While the FATF’s EG elements explain the regime’s resilience in global governance, certain aspects of EG actually hinder meaningful anti-money laundering control. The limitations of EG help to explain the pernicious persistence of ML and the difficulties states face in controlling TOC though this route, particularly as powerful states continue to reject policies that would actually eliminate offshore finance.

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