Illicit Finance

Recently, CGD launched a major report about how laws designed to prevent money being sent overseas to terrorists and criminals can also have unintended consequences for innocent people in developing countries. Dr. Nathan Sheets, US Under Secretary of Treasury for International Affairs, called f...

Last Thursday, Under Secretary of the US Treasury Nathan Sheets spoke at CGD about anti–money laundering policies and the problem of de-risking, in connection with the launch of a new CGD working group report on the unintended consequences of anti–money laundering pol...

Are laws designed to prevent money laundering, terrorism-finance and sanctions violations unintentionally hurting people in poor countries? That’s the question a recent CGD Report seeks to address.