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Daniel Nielsen

Professor of Government at the University of Texas at Austin studying corruption, international development, and foreign aid

Jul 23, 2025

Stephen DubnerHOST
14:57
Its mission is to set international standards to ensure national authorities can effectively go after illicit funds linked to serious crimes.
15:07
These are the Financial Action Task Force recommendations.
15:12
They're not laws, right? They're what we call an international relations soft law.
15:17
So, there's no enforcement mechanism, right? It's not like there's some global police that can bust you and put you in handcuffs and take you away to global jail.
15:27
That doesn't happen.
15:29
But what they do have is the ability to set expectations, and there's lots of international standards.
15:35
They're voluminous.
Stephen DubnerHOST
16:08
Nielsen, along with fellow researchers Michael Findley and Jason Scharman, conducted a massive experiment to learn where this recommendation was and was not being followed.

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