Past, present and future of Risk assessment models in corruption and money laundering

• In Event: White-Collar Crime at 75: Risk Assessment Models and their Validity in Combating Money Laundering and Corruption

Abstract

In the past fifteen years, public and private institutions have been developing and adopting risk assessment models in order to combat money laundering and corruption. This paper presents a review of the main approaches adopted, of their strengths and of their pitfalls. Further, possible improvements in modeling risk assessment tools will be discussed.

Authors

• Stefano Caneppele, Università Cattolica - Transcrime

• Michele Riccardi, Università Cattolica - Transcrime

• Ernesto Ugo Savona, Università Cattolica - Transcrime