| This thesis first examines the international anti-money laundering initiatives and the role of bilateral mutual legal assistance treaties. It surveys the common elements and strategies in domestic anti-money laundering frameworks and examines the position currently in the U.S., Canada and the U.K. The thesis also considers the approach and laws adopted in other major jurisdictions including those in the Caribbean region, Eastern Europe and the Asia/Pacific basin. The thesis examines the effect of domestic anti-money laundering countermeasures on the banker's duty of confidentiality and provides a critique of the worldwide convergence against money laundering. |
