Report on Assessments of AML and CTF Underscores Gaps in the Process

As governments, international organizations, and professionals prepare for the fourth round of anti-money laundering enforcement (AML) and counter-terrorism financial (CFT) enforcement, a report by the Center on Law  & Globalization, a partnership of the University of Illinois College of Law and the American Bar Foundation has underscore significant gaps in the assessment methodology and calls for improvements in order to make them meaningful.[1]