ABSTRACT
The theme of this chapter is that internal corporate controls are essential to the implementation of any legislative or regulatory program aimed at money laundering and should not be neglected at the level of international initiatives to stem the tide of money laundering. The challenge is to devise flexible and efficient legal or administrative methods of inducing effective internal controls, especially within financial institutions, and to provide useful models which can be adapted to suit the legal culture and financial system of each member country of the United Nations.
