This background paper, prepared for the World Development Report 2016 Digital Dividends. communicates the results of the World Bank’s work to the development community. With the development of digital technologies, the use of information and communications networks as a tool for facilitating illicit financial flows is rising as one of the key challenges in tackling the problem of the movement of illegal funds. Digital technologies facilitate illicit financial flows at each stage, be it earning money illegally, transferring illegal funds, or using them. There are several areas where clear links between technology and illicit financial flows can be established. Digital technologies are used in the acquisition of money as well as money transfer and use.
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