Money Laundering, Tax Evasion and Financial Regulation

01 June 2007
Article
The Anti Money Laundering regime that has been built during the last two decades completely neglects financial deregulation manifest in tax havens and offshore financial centres that facilitate tax evasion, capital flight and money laundering. A comprehensive international system of international financial regulation is necessary, argues Tom Blickman, that would deal with money laundering, tax evasion and capital flight as interconnected phenomena and provide the necessary enforcement mechanisms. The UN might be the legitimate arena to debate such comprehensive approach.

This article was written as an introduction to the seminar with the same title held at TNI on 12-13 June 2007 Download PDF