What is money laundering

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Reference no: EM133657739

Assignment:

Proper Answer the following question in a 1 minimum of two paragraphs and use scholarly sources to document your main response.

Money laundering is a global problem. Measuring its impact is tough, as it takes place within financial institutions, and for some it is a victimless crime. In the light of this brief summary you are asked to answer the following questions:

- What is money laundering?

- What are the effects of money laundering on economic growth?

- Discussion two public institutions that combat the business of money laundering?

Reference no: EM133657739

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