The book "Money laundering phenomenon - foundations, trends, impact and governance in banking industry" explores foundation, models (methods) to measure money laundering, trends, auditing Anti-Money Laundering structures in banking industry, AML risk assessment, impact/effects of money laundering, governance, and regulatory point of view. The book includes some models that have been used to measure the amount of money laundering, respectively the effect of money laundering in various macroeconomic variable