The report, which is highly relevant to firms ABC risk assessment, and in my view far more authoritative and reliable than the recent proclamation made by Christine Lagarde who stated that the current level of ABC revenue according to her ‘team’ at the IMF was circa 2 trillion. An interesting and quite frankly lazy and unhelpful statement because it is actually based upon a survey completed of approximately 13,000 people in 2000!
This contemporary report summarises the results from 119 countries, territories and regions around the globe and is based on a far more statistically reliable sample of 162,136 adults from March 2014 until January 2017.
Time to get out those ABC risk assessments and make an adjustment I suspect!
The full report and answer to my Friday night trivia question can be found below: