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basics
"Why can't we just monitor the accounts where the dirty money is?" - US banker before Senate Committee
"We cannot base our decisions on the race, colour or creed of those who would do business with us" - UK banker.
"Terrorist financing activities are unlike traditional money laundering in a very significant respect. Money used to finance terrorism does not always originate from criminal sources. Rather, it may be money derived from legitimate sources that is then used to support crimes. Developing programs that will help identify such funds before they can be used for their horific purposes is a daunting task.." - Richard Spillenkothen, US Federal Reserve Bank.
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