... (Alldridge, 2016 ; Benson, 2016 ; Pol, 2018b), poorly connected with important interdisciplinary issues of finance and society such as advances in policy effectiveness and outcomes science, is increasingly apparent. The United Nations’ “success rate” of anti-money laundering efforts is so low that the anti...

... effectiveness evidence calls into question whether implementing anti-money laundering controls with some prospect of achieving substantial societal benefits, or perpetuating the current system, prevails. With a dearth of scholarship at the intersection of money laundering and policy effectiveness...

... and policy effectiveness and outcomes scholarship and practice, this article combines elements of these disciplines and recent peer-review evaluations, to qualitatively assess the Financial Action Task Force’s (FATF’s) anti-money laundering “effectiveness” methodology. Findings FATF’s “effectiveness...