Mitigating the Effects of De-Risking in Emerging Markets to Preserve Remittance Flows

Ramachandran, Vijaya

International Finance Corporation, Washington, DC

关键词: ANTI-MONEY LAUNDERING;    COMBATING THE FINANCING OF TERRORISM;    AML-CFT;    REMITTANCES;    EMERGING MARKET ECONOMIES;   

RP-ID  :  110883

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Anti-money laundering andcombating-the-financing-of-terrorism laws are grounded inreasonable national security concerns, preventing thecross-border flow of funds to terror or criminal groups. Butthese policies can have unintentional and costlyconsequences, in particular for people in poor countries.Those most affected are likely to include the families ofmigrant workers, small businesses that need to accessworking capital or trade finance, and recipients oflife-saving aid in active-conflict, post-conflict orpost-disaster situations.