Pol, R. F. (October 21, 2019.) The global war on Money Laundering is a failed experiment available. The Conversation, available at https://theconversation.com/the-global-war-on-money-laundering-is-afailed-experiment-125143

Questions:

1) Do you agree with the author's position, that Money-laundering is a failed experiment? In other words, do you believe that we have lost the war on Money Laundering? Give reasons for your answer.

2) Would you agree that it appears that banks would rather be complicit in Money Laundering activities, since some appear to prefer paying fines than to report suspicious activity?

3) Why does the author think that existing money-laundering controls are an inefficient waste of time?

4) Why does the existing regime appear to do more harm than good? Give reasons for your answer