Money Laundering Using Examples from Mexico and Switzerland

This bachelor's thesis addresses the issue of money laundering, specifically illustrated through the examples of Mexico and Switzerland. It provides a detailed analysis of the FATF recommendations, which neither Mexico nor Switzerland has fully implemented. In other words, these countries are rated as partially compliant or non-compliant. Additionally, the thesis briefly describes several international organizations of which both Mexico and Switzerland are members. The work focuses on anti-money laundering measures and the impacts that this illegal activity has on the economies of Mexico and Switzerland. The empirical part of my thesis analyzes the number of reported suspicious transactions over the years, and how many of these suspicious transactions are subsequently reviewed and investigated. The analyses clearly show not only that the number of investigated and prosecuted cases is low, but it also demostrates a decreasing tendency throughout the years.