Skip to Primary Navigation

The $4.4 trillion shadow economy

Nasdaq report warns of “industrialized” crime crisis that is significantly outpacing the legitimate global economy.

Nasdaq Verifin has released its 2026 Global Financial Crime Report, revealing a systemic “financial crime epidemic” that has reached a staggering $4.4 trillion in annual illicit flows. The report produced in partnership with Celent and Oliver Wyman warns that criminal networks have transitioned from opportunistic bad actors into industrialized, multinational-scale operations.

With

Register for free to keep reading

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day