Top positive review
A very comprehensive book which is relevant for a wide variety of audiences
Reviewed in the United States on April 20, 2021
He has successfully harnessed his wide experience to write this latest fascinating book on Anti-Money Laundering and the illicit financial flows covering, not only a wide range of related topics, but doing so with very extensive references – in fact, a total of 557 throughout the book. It is written in an extremely comfortable style which makes the more complicated topics very easy to understand. He includes, in the narrative, some remarkably interesting facts supported by references such as “52% of Russia’s wealth resided outside the country” and “over the last decade, an estimated $3.8 Billion in capital has left China” and “in 2010, between $21 and $32 Trillion was hiding in more than 80 international tax havens”. He very convincingly makes the case that money laundering is truly a global problem.
This book is essential to understanding the immense volume of global illicit flows of money and value and it represents a major contribution to money laundering education. It can appeal, very successfully, to many audiences such as:
A primer for anyone embarking on a career in Anti-Money Laundering
A useful reference for more experienced personnel
A briefing for senior management
Leave a copy in the Board room for the Directors
A guide for regulators, examiners and policy and law makers
A resource for law enforcement
An interesting read for members of the public interested in global issues
With this extraordinary book John Cassara has provided yet another example of why he is one of the most significant thought-leaders in the field of Anti-Money Laundering and Terrorist Financing.