Dynamics and Trends of Money Laundering in the Western Balkans

Expanding on the Global Initiative's previous reports regarding illicit financial flows, this report takes a detailed look at money laundering in the Western Balkans. Criminal networks engage in money laundering to make illegal profits appear legitimate, and understanding these processes is critical for authorities to disrupt these networks. Specifically, this roundtable session will discuss about money laundering in the Western Balkans, focusing on the sectors most susceptible to it. Additionally, there will be a particular emphasis on the most commonly used techniques and identifying money laundering hotspots in the WB6. During this session, a diverse group of experts in the field of anti-money laundering from civil society and academia will present some findings of a recent GI-TOC report on money laundering and as well as trends in the WB6. The session will also provide the importance of countering transnational serious organized crime from the government perspective.