This paper introduces the unearthing of the interaction between international actors as they emerge in the anti-money laundering struggle at a global scale.
Firstly, the paper establishes how money laundering became an international problem in dire need for concerted action. The paper briefly discusses money laundering’s economic impact, social consequences and, the priorities that shape international response.
Secondly, theoretically speaking, it demonstrates how local and regional political actors have tackled the issue and identified the required measures through a rationalist principal-agent take on their relationship and preference development.
Thirdly, the paper identifies key aspects that stem from the relationship between the political actors and justifies in which ways further research is advisable. At the end, a brief suggestion of methods is carried out in order to best structure research and clarify the feasibility of the project.
This paper contributes to principal-agent theory advancement in that the testing of its hypotheses focuses on the ever-evolving role of principals and agents when facing different types of policies. It further institutes anti-money laundering as a multi-faceted issue in the era of globalisation highlighting the political challenges and opportunities it creates.
