Dr Ronald Pol, former lawyer and researcher joins me to talk about how and why AML laws are ineffective and simply cost taxpayers, customers an incredible amount. We chat:

The environment of AML laws
FATF and how they create these laws
Breathtaking costs
Effectiveness around 0.1%
KYC benefits some criminals

Links:

EffectiveAML.org
Twitter: @ronaldpol
LinkedIn: https://www.linkedin.com/in/ronpol/
Research paper: Anti-money laundering: The world’s least effective policy experiment

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SLP318 Ronald Pol - The ineffectiveness of AML

Stephan Livera Podcast