Concepts

BASICS OF FINANCIAL CRIME & ITS PREVENTION

Financial crime: overview

Financial crime can take many forms. Sometimes, the origin of the funds is illicit, as in the case of money laundering. At other times, it is their intended use, as with the financing of terrorism. In other cases, the financial transfer itself constitutes a criminal offence, as with tax evasion. Start here to gain a good overview. Read more

Financial fraud
& market abuse

In many countries, instant payment systems (IPS) ensure that domestic payment instructions can be settled within seconds at minimal cost. Connecting IPS across borders promises to improve the efficiency of international payments along popular trade and remittance corridors. Read more

Corruption & tax evasion

In many countries, instant payment systems (IPS) ensure that domestic payments are settled within seconds at minimal cost. Connecting IPS across borders promises to improve the efficiency of international payments along popular trade and remittance corridors. Can experimental IPS platforms be scaled up? Read more

Money laundering

In many countries, instant payment systems (IPS) ensure that domestic payment instructions can be settled within seconds at minimal cost. Connecting IPS across borders promises to improve the efficiency of international payments along popular trade and remittance corridors. Read more

Terrorism financing

In many countries, instant payment systems (IPS) ensure that domestic payment instructions can be settled within seconds at minimal cost. Connecting IPS across borders promises to improve the efficiency of international payments along popular trade and remittance corridors. Read more