Meanwhile, only ~€1.2 billion in criminal funds are confiscated each year. (...) They're willing to spend 100x more than what they benefit from implementing KYC.
That is very shallow analysis and poor reasoning. For better reasoning make a counterfactual analysis.
What happens in the case of not doing an intervention? Perhaps not doing an intervention increases criminal liquidity flow 1000x and it's still net positive to make an intervention?
That is very shallow analysis and poor reasoning. For better reasoning make a counterfactual analysis.
What happens in the case of not doing an intervention? Perhaps not doing an intervention increases criminal liquidity flow 1000x and it's still net positive to make an intervention?