Some figures on Money Laundering

(Prepared for CIB class)

Scale of Money Laundering: 1,500 - 2,850 bln USD each year ( around 20% GDP of the US)

Overview by country:


Countries active in ML by rank order:
- Luxembourg
- United States
- Switzerland
- Cayman Islands
- Austria
- Netherlands
- Lichtenstein
- Vatican
- United Kingdom
- Singapore
- Hongkong
- Bermuda

Countries potential for ML:
- Bahamas
- Cayman Island
- Cook Islan
- Dominica
- Israel

Types of financial instruments reported on the SAR

Many types of financial instruments were involved in the suspicious activity reported on the SAR-SFs (Securities & Futures Industries)

Types Of Financial Instruments Reported	SAR-SFs	Percentage of Total SAR-SFs Reviewed
Cash or Equivalent	276	49.7
Other	101	18.2
Money Market Mutual Fund	45	8.1
Stocks	37	6.7
None	35	6.3
Mutual Fund	33	5.9
Bonds/Notes	25	4.5
Other Non-Securities	13	2.3
Other Securities	6	1.1
Commercial Paper	1	0.2
Warrants	1	0.2
Foreign Currencies	1	0.2