UNODC Money-Laundering Terms
In today's global economy, organized crime groups generate huge sums of money by drug trafficking, arms smuggling and financial crime. Criminals who wish to benefit from the proceeds of large-scale crime have to disguise their illegal profits without compromising themselves. This process is known as money laundering. This glossary by the UNODC introduces you to the basic money-laundering terms.
Offshore Banking Unit
Offshore Booking Centers
Offshore Financial Centers
Offshore financial transactions
Offshore Group of Banking Supervisors