• RASHMI RAGHAV

The present paper deals with the Anti-Money Laundering policy. The major discussion revolves around the central argument of the essay which sustains that the containment hypothesis not necessarily be an excuse of a failed Anti –Money Laundering policy (AML). ‘Containment hypothesis is the hypothesis that, in the absence of law enforcement efforts, the illicit drug industry would be larger than at present, and that therefore its size and growth have been at least partially controlled by law enforcement’ (Windle and Farrell, 2012, p.875). The essay has tried to apply the hypothesis to the money laundering domain.

: Money Laundering , Anti-Money Laundering policy , Containment hypothesis

"’Anti- Money Laundering Policy and Containment Policy’’ ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.474-490, June 2019, Available :http://www.jetir.org/papers/JETIR1908681.pdf

"’Anti- Money Laundering Policy and Containment Policy’’ ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp474-490, June 2019, Available at : http://www.jetir.org/papers/JETIR1908681.pdf