Continuing World Money Laundering Report's Analysis of the USA's review of 2016 for its 2017 International Narcotics Control Report. In this Part: selected Country Notes. Comment and commentary, not simply reportage.
Every year, on 1 March, the US Department of State presents to Congress its annual International Narcotics Control Report. In two volumes, one relates to drugs and related products and the other to money laundering and financial crimes, it provides an analysis of its reviews in 2016. It is largely free from politics, despite its source, being a factual analysis of legislation and enforcement in many countries, and is a valuable indicator of risk for Financial Crime Risk Officers. Here are some of the things World Money Laundering Report has found especially interesting in the 2017 report, including a shameful omission.