Money laundering and terrorist financing are financial crimes that have attracted global
attention since the 9/11 attacks. Money laundering, defined as the process by which proceeds from a criminal activity are disguised to conceal their illicit origin or the act of assisting any person who is involved in such offense(s) to evade the legal consequences of their actions (IMF 2001; UN 1988), has permeated different spheres of human activities and life for decades. Lately, the transfer of illicit funds to promote terrorist and extremist activities has also heightened in sub-Saharan Africa.
Download Brief here: Policy Brief – The Implications of FATF-Inspired AML-CFT measures on NPOs in Ghana
