RESEARCH ON “MONEY LAUNDERING”

RESEARCH DESIGN

RESEARCH BY:-
Gaurav Tarachandani
08D1148
III BBM – ‘B’
OBJECTIVES:-

The main objectives which the project seeks to achieve are mentioned as follows:
• To analyse the security implications of money laundering.
• To compare the amount of money laundered in the European countries with the
amount of money laundered all over the world using the same techniques.
• To identify how failure in the counter measures of money laundering has affected
the European countries.
• To identify what improvements can be suggested to the current counter measures
which have been adopted again money laundering.

SCOPE OF STUDY:-
The project will be useful in different dimensions to suit the requirements of different
segments; the project is made in accordance with the given parameters:

a) Description of the ways of money laundering and its impact: Details regarding the
various ways in which money laundering is done and the impact it has on the
European countries.
b) Organizational goals : Suggestions and findings from this research will not only help
the countries to improve their counter measures against money laundering but also
various companies like investment banks to take necessary steps in order to prevent
this.
c) Individual goals: the main aim at individual level is to gain an insight of current
methods of money laundering used in the world and their impact on the various
countries involved.
RESEARCH DESIGN:-

The study uses description, analysis and comparison regarding the money laundering counter
measures taken by the European countries. The research is based on governmental,
intergovernmental and secondary sources. The data collected will be compared with the anti
money laundering techniques used by the European countries.

Description is used to indicate the money laundering threats and countermeasures in the
global environment. The official response as deduced from legislation and other sources such
as speeches is used to examine how money laundering counter measures is addressed.
Subsequently, through the use of comparative analysis, the differences between the global
best practices allow opportunities for improvement to be identified.

As far as the theoretical framework is concerned, the concept of money laundering and its
various manifestations served as a basis for subsequent chapters.

TOOLS FOR DATA COLLECTION:-

For Descriptive Research, Structured Data Collection is done. The data is collected from
secondary sources, such as government websites, UN research papers, FATF website, etc.
Necessary information will also be collected from various investment banks and other
companies.

TOOLS FOR DATA ANALYSIS:-

The tools used for data analysis are:-

• Average

• Trend Analysis

• Moving Average

• MACD
LIMITATIONS OF THE STUDY:-

The only major limitation of the study is that determining the exact amount of money
laundered in the country or around the world cannot be determined. However, approximate
amounts can be taken from the government and websites of the other organizations currently
dealing with the problem of money laundering.