The thesis presents the problem of money laundering and terrorist financing in banking, which is the largest and riskiest sector among obligees. The work focuses on the impact of money laundering on the global economy and on the review of the system. The work follows a more detailed investigation of the existing banking measures, focusing on their poor efficiency. In connection with this, there is also a disproportion between the invested funds in relation between banks and the global economy.
The empirical part foregrounds the interview-based findings, which are contextualized by a comparison with findings from the literature and measures. On the basis of the empirical work, it can be concluded that despite the good implementation of the applicable standards, the existing system must be analyzed and renewed for efficiency. A correct quantitative analysis of the actual volume of dirty money circulating in the global economy does not exist. The oversaturation of banking legislation is also evident, as the bank, as an obligee, has too much responsibility regarding preventive measures. In addition, the work highlights the disproportion between economic inputs and the actual reduction in the infiltration of dirty money in the circulation of the legitimate economy, which is negatively affected mainly by the phenomenon of unfair competition.
In the future, rationalization of the measures that the obligees amust implement should be done. In further research, it is crucial to determine the effectiveness of the entire system and to look for synergies and harmonization of measures.
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