Ardizzi, Guerino; Petraglia, Carmelo; Piacenza, Massimiliano - Dipartimento di Scienze Economico-Sociali e … - 2013
Anti–money laundering regulations have been centred on the “Know-Your-Customer” rule so far, overlooking the fact that … activities. The paper develops a new approach to measure money laundering and then proposes an application to Italy, a country … particular, we define a model of cash in-flows on current accounts and proxy money laundering with two indicators for the …