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Research Article

Year : 2016 | Volume: 9 | Issue: 3 | Pages: 131-138

Money Laundering and its impact in banking industry

S.Kannan1*, 2

DOI: 0

Corresponding author

S.Kannan*

Karpagam Universsity,Coimbatore.

  • 1. Karpagam Universsity,Coimbatore.

Received on: 20/10/2016

Revised on: 20/10/2016

Accepted on: 20/10/2016

Published on: 20/10/2016

  • S.Kannan, (2016), Money Laundering and its impact in banking industry. Scientific Transactions in Environment and Technovation, 9(3): 131-138. doi: 10

Abstract

Money laundering is a global phenomenon with political,economic and social consequences

Keywords

Anti Money Laundering ,Black Market Peso Exchange,Correspondent banking.