Financial crime, terror and subversion ‐ the control of risk in a destabilised world economy

Abstract

Emphasises the global nature of the challenges posed by terrorism, economic crime and subversion; because of this, national law enforcement needs to be aided by regional and international agreements. Mentions the UK’s Crime (International Cooperation) Bill, which will make it easier to investigate and prosecute cross‐border criminal activity. Rejects the notion that economic crime is somehow less harmful than other crime because it does not harm people; this is not true because economic crime finances terrorism. Reports that white‐collar criminals often receive unduly lenient sentences, which the author, who is Her Majesty’s Attorney General, has the power to refer for review to the Court of Appeal. Outlines other measures that the UK is adopting to fight economic crime.

Citation

(2004), "Financial crime, terror and subversion ‐ the control of risk in a destabilised world economy", Journal of Financial Crime, Vol. 11 No. 4, pp. 312-315. https://doi.org/10.1108/13590790410809248