Page 22 - HSBC (D) Case Study

Once placed in the system
Layering distances the

money from its original
source, often by banks, it is

undertaken to disguise,

through multiple transfers

and/or multiple
transactions and through

multiple banks and countries, the money’s origin.

Integration then occurs where

the funds are used to purchase

‘clean, legitimate assets’ such

as businesses, luxury goods

e.g. yachts, aircraft etc or other

money assets or fixed assets

(see Diagram. Creating the

illusion of legitimate wealth