This study aims to discover significant determinants that influence the current anti-money laundering policy (AML) by understanding the relationship between criminal activity, stakeholder activity and public policy.
Where necessary, suggestions were put forward for consideration.
The role of credit institutions in the fight against money laundering and terrorist funding is also analysed.
However, measuring enforcement is problematic given the lack of hard and publicly available statistical data for much of this period.
Efforts made to encourage a culture of transparency and accountability have run up against limited availability and accessibility of data.