Global Financial Integrity

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Corruption and Money Laundering in Latin America and the Caribbean: A Tale of Two Indices

The Latin American and Caribbean countries that experience high levels of corruption can be ideal for laundering criminal proceeds. In a general manner, corruption erodes governance and institutions enabling weak oversight mechanisms for preventing and countering financial...

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Financiamiento del Terrorismo: Entre el Financiamiento Tradicional y los Cripto Activos

El financiamiento del terrorismo (FT) es un delito que está asociado con los fondos y/o bienes que sostienen a los terroristas o grupos de terroristas para poder operar. Este financiamiento puede ser utilizado para comprar armamento, costear...

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The Legacy and Possible Demise of the FCPA

Amid the bedlam ignited by Watergate and national intelligence agencies’ abuses of power in the 1970s, Idaho Senator Frank Church mounted a Senate investigation into glaring corruption in the world of international business. This investigation, conducted by...

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Beneficial Ownership in the British Overseas Territories in the Caribbean: A Cayman, Montserrat, and Bermuda Case Analysis

Source: United Kingdom Parliament

In recent years, beneficial ownership (BO) transparency has become a global priority in fighting against money laundering (ML), tax evasion, and illicit financial flows. The British Overseas Territories (BOTs) in the Caribbean—Cayman Islands, Montserrat, and Bermuda—have all...

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Belize’s Fourth Round Mutual Evaluation: Progress, Challenges, and the Road Ahead

Belize has made commendable strides in strengthening its anti-money laundering (AML) and counter-terrorist financing (CFT) framework, as reflected in the Fourth Round Mutual Evaluation Report (MER) of Belize (CFATF, 2025). Compared to its Third Round MER (2011),...

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Changes to the Digital Assets Issuance Law in El Salvador

El Salvador, through the Digital Assets Issuance Law (LEAD) in January 2023, enabled the tokenization of Real-World Assets (RWA) Tokenization, allowing the tokenization of agricultural commodities, debts, and the issuance of stablecoins like a USDT. In August...

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Cambios en la Ley de Emisión de Activos Digitales de El Salvador

En enero de 2023, El Salvador dio un paso importante para la tokenización de activos del mundo real (Real World Assets Tokenization) con la Ley de Emisión de Activos Digitales (LEAD), permitiendo la tokenización de productos agrícolas...

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Dismantle the Global Financial Secrecy System

The global system of financial secrecy is a cancer on democratic institutions and a drain on economic development, yet to date only a handful of experts have called for its elimination.  It merits far greater attention and...

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