Written in 2018 and published in 2020:
“It finds that the anti-money laundering policy intervention has less than 0.1 percent impact on criminal finances, compliance costs exceed recovered criminal funds more than a hundred times over, and banks, taxpayers and ordinary citizens are penalized more than criminal enterprises.”
https://www.tandfonline.com/doi/full/10.1080/25741292.2020.1725366
This is true, but this is not a failure of the policy. It is working as designed and fullfilling all the wildest expectations.
nostr:nevent1qqsgl0nxx7dxx5sc2vmak0jhkqvkyfsmgzhsevscvkxyj3e2d9af7qgpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qgsv0mdxvznteqns2v8g9d98wy4vm63wx8wq54hcmj244sqfalvhepsrqsqqqqqpfczzh8
this is all of government
nostr:nevent1qqsgl0nxx7dxx5sc2vmak0jhkqvkyfsmgzhsevscvkxyj3e2d9af7qgpp4mhxue69uhkummn9ekx7mqzyrr7mfnq567gyuznp6ptffm39tx75t33ms99d7xuj4dvqz00m97gvqcyqqqqqqg2wanzx
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