Definition
Money Laundering is the process of concealing the origin of illicit funds to make them appear legitimate.
Context
Money Laundering typically involves multiple stages, including placement, layering, and integration. It is closely linked to Fraud, Corruption, and organised crime, and is a key focus of regulatory frameworks such as anti-money laundering regimes.
Meaning
Money Laundering enables criminal activities by legitimising illicit proceeds and exposes organisations to severe regulatory and reputational risks.
Example
Complex transactions with no clear rationale.
Suggested citation
wirtschaftsforensik.ch Editorial Team: "Money Laundering", in: Glossary, wirtschaftsforensik.ch, https://wirtschaftsforensik.ch/glossar/money-laundering/, accessed April 18, 2026.