An Analytical Study of Contemporary Methods and Effective Anti-Money Laundering Policies in Pakistan

https://doi.org/10.5281/zenodo.17552422

Authors

  • Taj Kanwal Visiting Faculty, Institute of Law, University of Sindh
  • Saba Karim LLM Scholar, Institute of Law, University of Sindh
  • Ramesh Rumar LLM Scholar, Institute of Law, University of Sindh
  • Siraj ul Haq LLM Scholar, Institute of Law, University of Sindh

Abstract

This research firstly discusses the money laundering a rising issue in world. Secondly it elaborates stages of money laundering, the methods of money laundering such as Hawala hundi, drugs trafficking, digital transfers, offshore banks, shell companies and other, its impact on economy.  Thirdly, this research discusses laws combating money laundering hurdles in their implementation like; main reasons of increasing in crime ratio, throw light on banking sectors negligence and lack of awareness, non-complaint exchanges, gaps in the laws, lack of legal mutual assistance among foreign nations. Lastly, this research also underscores policies; regulations to be proposed for combating money laundering provide suggestions for the legislation and proper enforcement of laws in Pakistan for control of this victimless crime.

Keywords: Money Laundering, Hawala hundi, Crypto currencies, Digital Finances, Shell companies, Offshore Banks, drugs-smuggling, whistleblower, Economic Impacts, anti-money laundering laws

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Published

2025-11-07

How to Cite

Taj Kanwal, Saba Karim, Ramesh Rumar, & Siraj ul Haq. (2025). An Analytical Study of Contemporary Methods and Effective Anti-Money Laundering Policies in Pakistan: https://doi.org/10.5281/zenodo.17552422. `, 4(02), 1405–1426. Retrieved from https://assajournal.com/index.php/36/article/view/1070

Issue

Vol. 4 No. 02 (2025): Advance Social Science Archive Journal

Section

Articles