TY  - JOUR
AB  - Purpose– The purpose of this paper mainly is to examine the relevant rules concerning documentary letter of credit (L/C) fraud under criminal law in England and China. Design/methodology/approach– The paper analyses the regulations about such crime and relevant literature. Findings– The similarities and differences of such rules have been identified briefly. L/C fraud is considered a conduct crime; and unspecific or vague provisions concerning this crime may cause difficulties of application in judicial practice in both England and China. But the possible punishment for L/C fraud criminals under Chinese criminal law seems more severe than that under English law. Dealing with L/C fraud in international trade under national criminal laws is not effective. Regional and international efforts on legal assistance in cross-border criminal cases still remain to be improved. Research limitations/implications– The limitation is that it examines merely relevant substantial rules in legislation. This opens the paths to future research on the approach towards L/C fraud demonstrated in court cases in England and in China. Social implications– The research underlies the need to take serious attitude and make more effective efforts towards cross-border criminal cases, although different countries may have different rules concerning specific economic crimes. Originality/value– This paper fills the gap of a comparative study on how L/C is regulated under criminal law regime in England and China.
VL  - 21
IS  - 4
SN  - 1359-0790
DO  - 10.1108/JFC-05-2013-0039
UR  - https://doi.org/10.1108/JFC-05-2013-0039
AU  - Zhang Yanan
PY  - 2014
Y1  - 2014/01/01
TI  - Documentary letter of credit fraud under criminal law regime in England and China
T2  - Journal of Financial Crime
PB  - Emerald Group Publishing Limited
SP  - 433
EP  - 446
Y2  - 2024/05/12
ER  -