Sanctions and Financial Crime: Together or Apart?

... transactions throughout the world. The American economy gains tremendous benefits while providing a favourable financial infrastructure for the whole world. But there are also problems. The first is the use of financial leadership for political purposes. The USA is the largest initiator of economic sanctions. Unlike any other country, the United States can afford to effectively impose sanctions regimes beyond its borders, effectively implementing them extraterritorially. Secondly, the colossal possibilities ...