Problem:
One of the great challenges of catching money launderers today is the global nature of the crimes. For example, international money service bureaus can appear legitimate but are often fronts for those who need money laundering. Sophisticated international networks have been established such as Hawala that fall outside easily trackable transactions.
Discussion about the groups involved with the global strategy to work across borders to track and catch money launderers. Regulators here in the US and the cooperation of the regulators and international organizations to conclude if there are additional efforts needed between the two. Who are the groups and regulators? What do they do? What are some additional areas.