MONEY LAUNDERING AND WAYS OF SUPPRESSING IT IN THE PUBLIC SECTOR

Branka Savić
2016 БЕЗБЈЕДНОСТ ПОЛИЦИЈА ГРАЂАНИ  
Money laundering stands for every activity, or attempt of an activity, that covers illegal origins of means in order to present them as those originated form legitimate sources. Such activities are mostly conducted by the entities whose activities are performed within grey economy area and organized crime. The aim of money laundering is processing of illegally obtained money into legitimate money, namely, money obtained by legitimate business activities or transactions. Money laundering and
more » ... uption are particularly present in the countries in transition. The main aim of this work is presenting of methods of fighting against money laundering in the public sector. Globalization and global transition of all the societies in the world make preconditions for money laundering and corruption practice throughout the world. This is related not only to the countries being in transition (i.e. the former socialistic countries), so it is possible to make conclusion that money laundering and corruption are global issues, particularly in the world economic crisis conditions.
doi:10.7251/bpg1601005s fatcat:cnynd52j6raclg2ib43m5yz4ty