U.S. Department of State
1996 International Narcotics Control Strategy Report, March 1997

United States Department of State

Bureau for International Narcotics and Law Enforcement Affairs

FINANCIAL CRIMES AND MONEY LAUNDERING

EXECUTIVE SUMMARY

This chapter provides a global assessment of money laundering and other financial crimes; a review of actions taken and a listing of continuing concerns; a prescription for future action; and, subchapters on about 200 nations and territories, including comparative rankings in terms of their efforts to control/prevent money laundering. The latter include the annual priority rankings, which for 1997 contain a number of upgrades, reflecting our heightened concern about the flow of illicit money through a financial system and/or a government's failure to take the steps needed to remedy these problems.