Success in combating money laundering, terrorist financing and financial crime will never be achieved until international efforts are focused upon the two key areas of fraud and offshore jurisdictions. To what extent is this statement correct? Discuss.

Fraud and offshore jurisdictions

Success in combating money laundering, terrorist financing and financial crime will never be achieved until international efforts are focused upon the two key areas of fraud and offshore jurisdictions.

To what extent is this statement correct?  Discuss.
In your answer, provide case studies and examples (you can reference the case of Danske Bank but to a minimum as the intent is to have other cases referenced and used).