World Economic Crisis and Money Laundering Cover Image

Svetska ekonomska kriza i pranje novca
World Economic Crisis and Money Laundering

Author(s): Ljiljana Fijat, Aleksandar Živković
Subject(s): Financial Markets, Socio-Economic Research
Published by: Институт за међународну политику и привреду
Keywords: economic crisis; money laundering; FATF; banks and other financial organisations

Summary/Abstract: The effects of the financial crisis such as drop in financial activity, unemployment growth, inflation, and drastic currencies fall as well as abuse of financial systems increase the danger from money laundering and terrorism financing. Taking into account that this problem is global the only solution is a global one – harmonisation of international legislations and measures to fight money laundering in all world financial centres and implementation of international standards such as FATV forty recommendations.

  • Issue Year: 61/2010
  • Issue No: 1139
  • Page Range: 35-46
  • Page Count: 12
  • Language: Serbian