The fight against money laundering in North America
Resumen
The process of converting illicitly acquired funds into apparently legal benefits, is known
ad money laundering. Even doe the first evidences of money laundering can be tracked to
Chinese merchants two centuries ago, the term was coined around the 1920’s when
Chicago gangsters used a laundromat business to inject their earnings from gambling and
illegal alcohol dealing. There are traditionally three steps involved in money laundering,
which are placement, layering, and integration; each of those steps may have different
modalities and involvement with different kinds of assets of businesses. Placement can be
achieved by injecting funds to a business, layering by moving around the money on
different countries and bank accounts, and integration by redeeming an insurance policy.
Currently the variety of methods and modalities of money laundering is vast, and
depending the country and financial framework one method can be more appealing to
criminals than another. Canada, México and the United States of America share an
enormous economic, financial, political and commercial relationship, and three countries
together represent the world’s biggest GDP. These countries share also problems of
criminality and money laundering; however, their particular situation requires tailored
regulations to fight interrelated problems that are highly relevant to each country. The
three legislations are compliant with the Financial Actions Task Force, but have a different
focus and difficulties to implement regulations and prosecute offenders.
Trabajo Fin de Máster
The fight against money laundering in North AmericaTitulación / Programa
Máster Universitario en FinanzasMaterias/ UNESCO
53 Ciencias económicas5310 Economía internacional
531090 Economía internacional: Área americana
56 Ciencias Jurídicas y Derecho
5605 Legislación y leyes nacionales
560506 Derecho fiscal
Colecciones
El ítem tiene asociados los siguientes ficheros de licencia: