Money Laundering & GlobalizationThe 20th Century was characterized by a number of structuralchanges in the World economy. In the last decade of thiscentury, Globalization became the buzz word: bringing togethernation states to make the world a “global village” .The main pillars of this process were Liberalization andDeregulation of national economies.Some of the prominent changes in this century were rapiddevelopments in financial information, exponential growth oftechnology and communication which allowed money tomove anywhere in the world with speed and ease