Measuring the scale of money laundering is not easy! However, one thing we can safely say is that it’s a big, big problem. In fact, The United Nations Office on Drugs and Crime (UNODC) has estimated that between 2 and 5% of global GDP is laundered each year.
This means that between 715 billion and 1.87 trillion EUR is laundered yearly, as per Europol.
Continue reading “How to Manage Anti-Money Laundering (AML) Supply Chain Risk!”