Political will is a big part of it. No one wants to say it, but money laundering is very profitable for all parties involved. Additionally a big chunk of that m

Political will is a big part of it. No one wants to say it, but money laundering is very profitable for all parties involved. Additionally a big chunk of that money will be bribed to and from very powerful people, who don’t want to see that flow reduced. There’s been plenty of examples of politicians deliberately hampering corruption and fraud investigations because they might embarrass the current government. Semi-recent good example is Theresa May hampering the serious fraud office in the U.K. [1]. Lots of this work can be don’t in a privacy sensitive manner, and without impacting legitimate transactions, but that would require the political will to do more than just pay lip service to the problem. [1] https://www.independent.co.uk/voices/serious-fraud-office-national-crime-agency-theresa-may-government-control-corruption-a7791696.html https://www.independent.co.uk/voices/serious-fraud-office-na...