| Money Laundering risks |
| The economic
infrastructure of a country is critical to the decision to
commit funds, and to the management of those funds. The presence
of anti-Money laundering regulations and the extent to
which they are observed will determine the form of controls
imposed by an investing institution. |
Likewise, suspicion
or proof of money laundering practices
in a company, banking or governmental organisation will determine
where and how an investor will form partnerships. It
will also affect due diligence procedures. |
| The conditions
under which money laundering thrives are very variable, and
embrace corruption at the head of a regime, over-wheening oligarchs
in the private sector, an unregulated or non-compliant
financial community and political lawlessness. |
| The assessment
of each of these factors will be critical to an investment
decision. It also affects how funds are channelled and curbs
that need to be imposed on access to those funds. |
| The
Washing Machine:
Nick Kochan's latest book |
|
