CRA’s Elaine Wood and Niall Murphy recently wrote about the importance of forensics in financial crime investigations for a chapter in GIR’s Guide to Anti-Money Laundering – Third Edition.
The authors provide insights into how forensic analysis plays a significant role both in investigating money laundering and assessing its financial impact. Asset tracing, the ability to identify illicit funds and the effective pursuit of targets require an experienced team of investigators, forensic accountants, data analysts and damages specialists.
Forensic analysis, the authors opine, can also prevent illicit activities by identifying suspicious patterns early, potentially saving companies from financial loss and reputational harm.
