The Caribbean: Trouble in Paradise — The Paradox of Anti Money Laundering Initiatives
Abstract
Despite recent signs of activity, the Caribbean has not as a whole embraced the anti money‐laundering initiatives which have defined the legislative agendas of many territories for the last decade. Much of the problem is perhaps endemic. Buffeted by hostile global economic conditions and soft international demand for traditional products several Caribbean economies have been buoyed, albeit in discreet fashion, by the proceeds of illicit drug trafficking. In many cases therefore, there has been little in terms of an impetus to encourage governments to decisive action.
Citation
Jeremie, J.S. (1995), "The Caribbean: Trouble in Paradise — The Paradox of Anti Money Laundering Initiatives", Journal of Financial Crime, Vol. 3 No. 2, pp. 209-211. https://doi.org/10.1108/eb025712
Publisher
:MCB UP Ltd
Copyright © 1995, MCB UP Limited