Abstract
Money laundering poses international and national security threats through corruption of officials and legal systems, undermines free enterprise by crowding out the private sector, and threatens the financial stability of countries and the international free flow of capital. Undeniably, the revenue produced by some narcotics-trafficking organizations can far exceed the funding available to the law enforcement and security services of some emerging market countries.
This is a preview of subscription content, access via your institution.
Buying options
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2019 The Author(s)
About this chapter
Cite this chapter
Bhogal, T., Trivedi, A. (2019). Money Laundering and Sanctions. In: International Trade Finance. Finance and Capital Markets Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-24540-5_25
Download citation
DOI: https://doi.org/10.1007/978-3-030-24540-5_25
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-24539-9
Online ISBN: 978-3-030-24540-5
eBook Packages: Economics and FinanceEconomics and Finance (R0)