Towards systemic solutions for improvements in anti-money laundering (AML)

Purpose This paper aims to address the growing challenge of money laundering by applying systems thinking theory to the Argentine anti-money laundering (AML) system. This study seeks to identify critical intervention areas and leverage points that can strengthen AML mechanisms in Argentina. Design/methodology/approach This study uses a qualitative, exploratory case study approach to analyse Argentina’s AML system as of 2024. Framed by systems thinking theory, this research relies on documentary analysis of secondary sources. This study focuses on policy change, institutional reforms, financial intelligence innovations, AML effectiveness and the transformative potential of systemic interventions. Findings The findings of this study demonstrate that strategic regulatory adaptation, enhanced information-sharing networks and institutional restructuring serve as key leverage points for combating financial crime. These systemic interventions have significant transformative potential within Argentina’s AML regime. Originality/value This paper is original in its application of systems thinking to the AML domain, particularly in the Argentine context. This study introduces an innovative approach to comprehending and enhancing AML systems by focusing on systemic interventions and key leverage points.