Why working in silos is a killer when battling financial crimes

The term'financial crimes' often brings to mind issues such as fraud, lottery scams or credit card skimming, but today there are far-reaching crimes that many fail to consider. This includes money laundering, human and drug trafficking, the financing of terrorism, and the bribery of public officials, all of which are much broader financial crimes that impact organizations, governments and even individuals. The sinister and disruptive nature of these crimes affect the most fragile economies at a high level - and the most vulnerable persons at the lowest level. It clearly impacts the reputation of countries and how their citizens are viewed internationally. But worst of all, it reduces the sense of natural justice that most people feel when crimes such as these escape detection and punishment.