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2023-02-19 12:36:08

weezel on Nostr: AML doesn’t even work! - AML policy intervention has less than 0.1% impact on ...

AML doesn’t even work!

- AML policy intervention has less than 0.1% impact on criminal finances
- compliance costs exceed recovered criminal funds more than 100x
- banks, taxpayers and ordinary citizens are penalized more than criminal enterprises

https://www.tandfonline.com/doi/full/10.1080/25741292.2020.1725366
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