Scalability is the capacity of any system to grow and adapt when the demand increases. If the demand grows and the system responds properly maintaining the efficiency, then the system is scalable. This concept is crucial in informatic applications, databases and logistic systems.« Back to Glossary Index
The money laundering consists in hiding benefits from illegal activities so they seem to come from legal sources. It is normally related to other severe crimes such us drug traffic or extorsion. The AML regulation of each country is the legal frame to control this kind of activities.
A tax haven is a place where taxes are very low or even non-existent. Tax havens are not illegal, but they are not ethically well-regarded. Their main objective is usually to attract foreign capital. In fact, these countries are often the destination of criminal activities such as money laundering. As a result, many countries take […]