01919nam a2200265 4500 387839 387839 20090819d2008 y0pory50 ba eng Worldwide anti-money laundering regulation Recurso eletrónico estimating costs and benefits Donato Masciandaro, Raffaella Barone [Milano] Università Commerciale Luigi Bocconi. “Paolo Baffi” Centre on Central Banking and Financial Regulation 2008 1 CD-ROM 12 cm “Paolo Baffi” Centre Research Paper Series 2008-12 Resumo inserto na publicação. Ficheiro de 134 KB em formato PDF (23 p.). The aim of this article is to offer a simple framework for estimating the benefits and costs of anti-money laundering regulation, based on a prudent estimation of the economic value of the worldwide money laundering. Using the multiplier model of the relationship between criminal markets revenues and money laundering activities and data for 2004, the value of money laundering is equal to US .2 trillions (2.7% of the world GDP), while the maximum theoretical benefit in combating money laundering using financial regulation- in steady state- is equal to S 80 billion (0.6% of the world GDP). If the aggregate figures keep to the previous more conservative estimates, the methodology is the crucial innovation. The estimates are the product of a explicit macro framework, and they can be replicated, improved using more consistent data, or contrasted implementing alternative models. BRANQUEAMENTO DE CAPITAIS 243734 MERCADO FINANCEIRO 227061 ANÁLISE FINANCEIRA 267209 REGULAMENTO 234525 MASCIANDARO Donato 141700 BARONE Raffaella 355663 Oferta 0 PJCD_98_000000000000000 2022-06-06 PJCD98 418951 PJ PJ PJ1CD98_2 PJCD98 2022-06-06 0 MO Oferta