Public-private partnerships in fight against money laundering: Benefits of collaboration

By Sandra Fungai Kabaya (August 29, 2023, 11:35 AM EDT) -- The fight against money laundering and financial crimes requires a collective effort from both public and private sectors. Recognizing the need for collaboration, public-private partnerships (PPPs) have emerged as a vital mechanism to combat money laundering effectively. This article delves into the significance of PPPs in anti-money laundering (AML) efforts and explores the benefits that arise from the collaboration between governments, regulatory bodies and private entities....