Criminals use different channels to conceal money gained from illegal activities, such as corruption, illegal logging, wildlife trafficking, smuggling and tax evasion. Not only do these activities generate...
Date: April 26, 2017
Type: Feature Story
Language: English
GABORONE, March 14, 2017—Botswana has just completed a National Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) Risk Assessment. The National Risk Assessment (NRA) was supported by...
Date: March 14, 2017
Type: Feature Story
Language: English
Even a global financial institution cannot have operations in every city, town and village. Hence the need for “correspondent banking”, which allows a local bank to give its customers access to a faraway...
Date: June 2, 2015
Type: Opinion
Language: English
Illicit financial flows are detrimental to sustainable development Illicit financial flows (IFFs) is a catch-all term for capital flight of money that is illegally earned, transferred or spent, and...
Date: October 13, 2014
Type: Feature Story
Language: English
Ransoms Total Over US$339 Million, Says new research Washington, November 1 — Between US$339 million and US$413 million was taken in ransom from the hijacking of ships off the coast of Somalia and...
Date: November 1, 2013
Type: Press Release
Language: English
DHAKA, September 26, 2013 - The World Bank organized two training workshops ending yesterday for government officials and representatives from NGOs and banks aiming to enhance the capacity and competency...
Date: September 26, 2013
Type: Press Release
Language: English
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