UDC 338.124.4[343.9.024:336.7
Biblid: 0543-3657, 61 (2010)
Vol. 61, No 1139, pp. 35-46
DOI:

Izvorni naučni rad
Received: 07 Jun 2010
Accepted: 01 Jan 1970

WORLD ECONOMIC CRISIS AND MONEY LAUNDERING

Fijat Ljiljana (Vojvođanska banka a.d. Novi Sad),
Živković Aleksandar (Ekonomski fakultet – Univerzitet u Beogradu)

The effects of the financial crisis such as drop in financial activity, unemployment growth, inflation, and drastic currencies fall as well as abuse of financial systems increase the danger from money laundering and terrorism financing. Taking into account that this problem is global the only solution is a global one – harmonisation of international legislations and measures to fight money laundering in all world financial centres and implementation of international standards such as FATV forty recommendations.

Keywords: economic crisis, money laundering, FATF, banks and other financial organisations