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dc.contributor.authorPol, Ron
dc.date.accessioned2019-05-29T12:43:44Z
dc.date.available2019-05-29T12:43:44Z
dc.date.issued2018
dc.identifier.issn1368-5201
dc.identifier.doi10.1108/JMLC-07-2017-0029
dc.identifier.urihttp://hdl.handle.net/10072/377528
dc.description.abstractPurpose: This article aims to constructively critique the new global methodology for evaluating the effectiveness of anti-money laundering regimes against defined outcomes. Design/methodology/approach: With surprisingly little discussion at the intersection of the money laundering and policy effectiveness and outcomes scholarship and practice, this article combines elements of these disciplines and recent peer-review evaluations, to qualitatively assess the Financial Action Task Force’s (FATF’s) anti-money laundering “effectiveness” methodology. Findings: FATF’s “effectiveness” methodology does not yet reflect an outcome-oriented framework as it purports. Misapplication of outcome labels to outputs and activities miss an opportunity to evaluate outcomes, as the impact and effect of anti-money laundering policies. Practical implications: If the “outcomes” of the “effectiveness” framework do not match the crime and terrorism prevention policy goals of nation states, the new “main” component for assessing the effectiveness of anti-money laundering regimes potentially detracts focus and resources from, rather than towards, intended policy objectives. Originality/value: There is a dearth of scholarship whether the global anti-money laundering “effectiveness” framework is sufficiently robust to assess effectiveness as it purports. This article begins addressing that gap.
dc.description.peerreviewedYes
dc.languageEnglish
dc.language.isoeng
dc.publisherEmerald Publishing
dc.publisher.placeUnited Kingdom
dc.relation.ispartofpagefrom215
dc.relation.ispartofpageto230
dc.relation.ispartofissue2
dc.relation.ispartofjournalJournal of Money Laundering Control
dc.relation.ispartofvolume21
dc.subject.fieldofresearchPolicy and Administration not elsewhere classified
dc.subject.fieldofresearchCriminology
dc.subject.fieldofresearchPolicy and Administration
dc.subject.fieldofresearchLaw
dc.subject.fieldofresearchcode160599
dc.subject.fieldofresearchcode1602
dc.subject.fieldofresearchcode1605
dc.subject.fieldofresearchcode1801
dc.titleAnti-money laundering effectiveness: assessing outcomes or ticking boxes?
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, School of Government and International Relations
gro.hasfulltextNo Full Text
gro.griffith.authorPol, Ron


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