Financial Crime Financial Crime

Comment: Global money-laundering problem still dwarfs crackdown efforts, despite some momentum

By Martin Coyle and Annie Robertson
  • 24 Aug 2021 09:51
  • 24 Aug 2021 09:51
While news this week that global money laundering fines in the first half of 2021 hit almost $1 billion sounds impressive, that would be misleading. Efforts to stamp out dirty money flows involving financial institutions have a long way to go.
Figures released by risk consultancy Kroll show that global regulators

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Martin Coyle

Senior Correspondent


Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

Discover MLex

Stay on top of global regulatory developments

Latest News