THE AFTERMATH OF MONEY LAUNDERING ON HUMAN RIGHTS: Analysing the Role of International Law and Cooperation in Tackling the Concern of Illicit Financial Flows.

This thesis analyses the aftermath of money laundering on human rights and the role of international law and cooperation in promoting transparency and accountability related to illicit financial flows. The research investigates the potential national and international policies aimed to mitigate the consequences of this financial crime while exploring the implementation of responsible and transparent financial transactions in the current globalised world. The existing national and international frameworks for combating money laundering will be examined, with a focus on case studies of Brazil and Switzerland. These studies highlight the significance of tracing financial transactions and treating money laundering as a distinct and serious offence separate from its predicate crimes. Money laundering adversely affects human rights within society, impacting economic stability, security, and social justice. As a result of this study, the proposed solution set includes the adoption of a human rights perspective that encompasses the right to be protected from money laundering, the establishment of a specialised money laundering court, the promotion of a digital currency, and the enhanced international cooperation towards these efforts. These measures have the objective to strengthen accountability and transparency within the global financial system, providing a solid foundation for combating money laundering. The fight against money laundering and the protection of human rights entail a collaborative approach among countries and legal systems. Implementing the proposal policies seek to offer a more effective response to this transnational threat while fostering financial integrity and safeguarding human rights in the interconnected world.