preparedness to harness normative anti-money laundering (AML) regimes. The global AML/CFT regimes are evolved at a global level but … each jurisdiction in harnessing desired AML/CFT regimes. The dynamics of development in DCs and LDCs are different and this … has different implications for each country in harnessing the envisaged AML/CFT regimes. Originality/value – The paper was …