Journal of Money Laundering Control
Issue(s) available: 90 – From Volume: 1 Issue: 1, to Volume: 23 Issue: 2
Category:
Accounting and Finance
Volume 23
Volume 22
Volume 21
Volume 20
Volume 19
Volume 18
Volume 17
Volume 16
Volume 15
Volume 14
Volume 13
Volume 12
Volume 11
Volume 10
Volume 9
Volume 8
Volume 7
Volume 6
Volume 5
Volume 4
Volume 3
Volume 2
Volume 1
Challenges in settling non-conviction based civil confiscation of unexplained wealth
Todor KolarovThe purpose of this paper is to evaluate the benefits and challenges, on the national and international level, associated with the settlement of cases involving…
Money laundering in selected emerging economies: is there a role for banks?
Sulaiman Abdullah Saif Alnasser MohammedUnderstanding money laundering plays an important role in understanding economic growth (EG). Extensive research is conducted about that, previous research lacks answers…
Updates on Hong Kong’s anti-money laundering laws 2020
Foster Hong-Cheuk Yim, Ian Philip LeeThe purpose of this paper is to discuss the latest developments of anti-money laundering (AML) laws in terms of case law and to give meaningful response in relation to…
Terrorist organization “revolutionary organization November 17” and its links and relations with “Carlos the Jackal”
Spyridon RepousisThe purpose of this paper is to research for possible interconnection of the Greek terrorist organization “November 17” with the international terrorist Ilich Ramirez…
Mapping the contours and limits of “irresistible inference”
Kenny FooIn R v Anwoir [2008] EWCA Crim 1354, the English Court of Appeal held that, in money laundering prosecutions, the criminal provenance of property can be proved by showing…
Strategies for preventing illicit financial flows in developing countries
Bello Umar, Martins Mustapha Abu, Zayyanu MohammedThis paper aims to critically review the strategies for prevention of illicit financial flows to and from developing countries with a view of ascertaining the most…
Demonetization move in India: a conceptual study
Deepa Jain, K.S. Thakur, Manoj Kumar DashThe purpose of this paper is to explore the real causes of demonetization drive and the future path created by the drive.
Money laundering in the jewellery business
Fabian Maximilian Johannes TeichmannThis paper aims to illustrate how white-collar criminals launder money in the jewellery business.
How effective are financial sanctions against individuals?
Fabian Maximilian Johannes TeichmannThe purpose of this paper is to discuss the role of money laundering methods in circumventing sanctions against individuals. In particular, it shows how politically…
CPEC: a route for outflow of illegal wealth from Pakistan
Wahaj Ahmed Khan, Syed Tehseen Jawaid, Danish Ahmed SiddiquiThis study examines the new venue of moving illegal wealth from Pakistan under the umbrella of China–Pakistan Economic Corridor (CPEC). The study first discussed the…
Taxonomies of money laundering: an Iranian perspective
Vahid Molla Imeny, Simon D. Norton, Mahdi Salehi, Mahdi MoradiThis study aims to identify the sources of laundered money in Iran and the destinations to which it is transferred, independently verified by auditors. Based on such data…
Money-laundering risk and preventive measures in Pakistan
Irfan Hassan Jaffery, Riffat Abdul Latif MughalThe purpose of this paper is to examine the effectiveness of anti-money laundering/combating of financing of terrorism (AML/CFT) measures in Pakistan. Key variables of…
Role of FATF on financial systems of countries: successes and challenges
Nankpan Moses Nanyun, Alireza NasiriThis paper aims to examine the extent of successes and challenges of adoption and implementation of Financial Action Task Force (FATF) codes in member states by…
Morocco’s market economy expansion and its successful strategy in combatting money laundering and terrorist financing
Mohammed Ahmad NaheemMorocco is an expanding developing economy in North Africa with increasing bilateral trade relations with larger economies. This paper aims to examine the features of the…
How effective are the current global standards in combating money laundering and terrorist financing?
Sisira Dharmasri JayasekaraThe purpose of this paper is to study the impact of global anti-money laundering and countering the financing of terrorism (AML/CFT) standards on combating money…
Identifying and reducing the money laundering risks posed by individuals who have been unknowingly recruited as money rules
Ehi Eric EsoimemeThis paper aims to help build awareness with financial institutions about the money laundering risks posed by individuals who have been unknowingly recruited as Money…
Role of FATF in spearheading AML and CFT
Firas Murrar, Khaled BarakatThis study aims to define the role of the Financial Action Task Force (FATF) and its Style Regional Bodies (FSRBs) that combat money laundering (ML) and terrorist…
AI against money laundering networks: the Colombian case
Olmer Garcia-Bedoya, Oscar Granados, José Cardozo BurgosThe purpose of this paper is to examine the artificial intelligence (AI) methodologies to fight against money laundering crimes in Colombia.
The conflict between anti-money laundering reporting obligations and the doctrine of confidentiality for legal practitioners in Kenya
Njaramba E. GichukiThe purpose of this paper is to assess the balance between anti-money laundering reporting obligations and the doctrine of advocate–client confidentiality for legal practitioners.
Deficient regimes of anti-money laundering and countering the financing of terrorism: agenda of digital banking and financial inclusion
Sisira Dharmasri JayasekaraThe purpose of this paper is to discuss the dilemma of digital banking and the financial inclusion agenda of countries with the level of strength of the anti-money…
Is there a commendable regime for combatting money laundering in international business transactions?
Andrew Emerson ClarkeMoney laundering and grand business corruption continue to plague the global economy, accounting for 2%-5% of the global gross domestic product. Illicit funds, produced…
Challenges of identifying and monitoring politically exposed persons (PEPs) in Latin America
Joel Harry Clavijo Suntura, Piedad Maribel Rosero Rosero, Gloria Esperanza Aragón CuamacásThe purpose of this paper is to analyze politically exposed persons (PEPs) according to Financial Action Task Force (FATF) Recommendations and assess the identification…
The 1MDB case and the Swiss banking sector
Fabian Maximilian Johannes Teichmann, Marie-Christin FalkerThis case study highlights why and how the Swiss banking sector played a crucial role in the 1Malaysia Development Berhad (1MDB) corruption scandal. In particular, the…
Money laundering via cryptocurrencies – potential solutions from Liechtenstein
Fabian Maximilian Johannes Teichmann, Marie-Christin FalkerThe purpose of this paper is to demonstrate how cryptocurrencies are used to launder money and how solutions from Liechtenstein’s novel blockchain legislation could be…
Macroeconomic factors, corporate governance and financial malpractices in Nigerian banks
Alexander Ehimare Omankhanlen, Ediomi Abasi-Favor Tometi, Ese UrhieMany studies have traced the collapse of most banks in the past to weak corporate governance. In response to this, the Central Bank of Nigeria established a Code of…
Whistleblowing: protection or discouragement
Tanya GibbsThe purpose of this paper is to survey UAE legislative initiatives affecting whistleblowing. Many studies claim that whistleblowing is one of the most effective mechanisms…
Perception versus reality: Iranian banks and international anti-money laundering expectations
Vahid Molla Imeny, Simon D. Norton, Mahdi Salehi, Mahdi MoradiIran has been ranked by the Basel Committee on Banking Supervision and the Financial Action Task Force (FATF) as one of the foremost countries in the world for money…
Fiscal federalism and accountability in Nigeria: an ARDL approach
Olabanji Olukayode Ewetan, Romanus Osabohien, Oluwatoyin Augustina Matthew, Abiola Ayopo Babajide, Ese UrhieThe purpose of this paper is to examine the relationship between fiscal federalism and accountability in Nigeria. Corruption is a global plague and is endemic in nature…
The implications of the Brexit from EU and bitcoin
Tareq Na'el Al-Tawil, Hassan YouniesThe purpose of this paper is to tackle the most pressing issues confronting global anti-money laundering (AML) efforts, particularly, the implications of the Brexit from…
Cryptocurrencies and financial crime: solutions from Liechtenstein
Fabian Maximilian Johannes Teichmann, Marie-Christin FalkerThe purpose of this paper is to illustrate how cryptocurrencies are being used as a vehicle for financial crime (such as money laundering, terrorist financing and…
Combatting economic crimes in Nigeria through whistleblowing: a shift from policy to legal framework
Sirajo Yakubu, Mohammed Kyari DikwaThe purpose of this paper is a holistic assessment of the impact of whistleblowing policy adopted by the Nigerian Government in fighting corruption and an evaluation of…
Crime control in Nigeria: how relevant is remittance inflow?
Folorunsho M. AjideThis paper aims to draw on extant literature to ascertain the relevance of remittance receipts in improving the level of crime control in Nigeria.
Tackling money laundering in Tanzania: are private legal practitioners crime enablers or ineffectual and reluctant gatekeepers?
Eugene E. MniwasaThis paper aims to examine the money laundering vulnerability of private legal practitioners in Tanzania, the involvement of these practitioners in money laundering…
Discerning payment patterns in Bitcoin from ransomware attacks
Adam B. Turner, Stephen McCombie, Allon J. UhlmannThe purpose of this paper is to investigate available forensic data on the Bitcoin blockchain to identify typical transaction patterns of ransomware attacks. Specifically…
Financial crimes in the real estate sector in Austria, Germany, Liechtenstein and Switzerland
Fabian Maximilian Johannes TeichmannThe purpose of this paper is to demonstrate how criminals commit financial crimes in the real estate business in Austria, Germany, Liechtenstein and Switzerland.
Lifting the veil on beneficial ownership: Challenges of implementing the UK’s registers of beneficial owners
Paul Michael GilmourThis paper aims to critically explore the challenges facing the UK in implementing registers of beneficial owners, a measure mandated by the EU’s anti-money laundering…
Anti-money laundering law and policy as a double edged sword
Norman MugaruraRegulators have a duty to enforce anti-money laundering (AML) and countering financing of terrorism regulation. However, in doing so, they should not to be overzealous…
Anti-money laundering systems: a systematic literature review
Alhanouf Abdulrahman Saleh Alsuwailem, Abdul Khader Jilani SaudagarThis paper aims to understand and document the state of the art in the anti-money laundering (AML) systems literature.
Trade-based money laundering: organized crime, learning and international trade
Todd HataleyThe purpose of this paper is to examine the link between trade-based money laundering and organized crime. Trade-based money laundering (TBML) has emerged as the newest…
Designating lawyers as reporting entities under the Kenya’s anti-money laundering regime
Kennedy Otieno PamboKenya has made little progress in its endeavor to categorize lawyers as designated non-financial businesses and professionals (DNFBPs), despite making spirited attempts in…
Investigating the impact of audit features on money laundering: Evidence from Iranian stock exchange companies
Shaban Mohammadi, Nader Naghshbandi, Zahra MoridahmadibezdiThe purpose of the present study is to investigate the impact of audit features, including audit quality, audit fees and auditor tenure on money laundering in Iranian…
Banks in Kenya and anti-money laundering obligations: the conflicts of interests arising
Constance GikonyoKenya is vulnerable to trade-based and other forms of money laundering. Banks are prime targets for money launderers since they can facilitate the processes of placement…
Investigating the impact of board characteristics on money laundering: Evidence from Iranian listed companies
Shaban Mohammadi, Hadi Saeidi, Nader NaghshbandiThe purpose of this study is to examine the effect of board characteristics on money laundering in Iranian listed companies.
Reverse engineering legal professional privilege in a globalising world – the Australian case
Doron GoldbarshtThis paper aims to explore the ways in which the international standards in the field of anti-money laundering (AML) and counter-terrorist financing (CTF) have reshaped…
Current developments in money laundering and terrorism financing
Fabian Maximilian Johannes TeichmannWhilst the existing literature focuses on developing prevention mechanisms for banks, this paper aims to demonstrate the ongoing feasibility of money laundering and…
Anti-money laundering and anti-terrorism financing: a survey of the existing literature and a future research agenda
Noura Ahmed Al-Suwaidi, Haitham NobaneeThere is a significant focus today on the deficiencies of the financial system as the sector continues to boom while facing the growing pains of financial scandals, money…
Intricacies of anti-money laundering and cyber-crimes regulation in a fluid global system
Norman Mugarura, Emma SsaliThe purpose of this paper is to decipher the law relating to cybercrimes regulation and benchmarking best practices that could be adopted to address regulatory weaknesses…
Deficient regimes of anti-money laundering and countering the financing of terrorism: An analysis of short term economic implications
Sisira Dharmasri JayasekaraThe purposes of this paper are to discuss the short-term economic impact of the jurisdictions that have been identified as deficient countries in terms of the regime of…
The determinants of corporate disclosures of anti-money laundering initiatives by Kenyan commercial banks
David Mathuva, Samuel Kiragu, Dulacha BarakoThis study aims to examine the extent and drivers of anti-money laundering (AML) disclosures in the audited annual reports of regional listed banks in Kenya.
Money laundering – the gold method
Fabian Maximilian Johannes Teichmann, Marie-Christin FalkerThe purpose of this paper is to demonstrate how illicit funds are laundered by using the gold method in German-speaking European countries.
The effectiveness of Anti-Money Laundering policies and procedures within the Banking Sector in Bahrain
Mark Eshwar Lokanan, Noor NasimiThe purpose of this paper is to identify the anti-money laundering (AML) policies and procedures applied by the banks operating in Bahrain and assess the effectiveness of…
Role of financial intelligence unit (FIU) in anti-money laundering quest: Comparison between FIUs of Bangladesh and India
Shirin SultanaThe purpose of this paper is to examine the effectiveness of the Financial Intelligence Unit (FIU) of Bangladesh and India in efforts of combating money laundering by…
Implementing innovative customer due diligence: proposal for universal model
Pavel M. Shust, Victor DostovThe purpose of this paper is to present the identification-verification-confirmation of identity (IVCid) model that can be used to retroactively analyze the existing…
Avocat, rechtsanwalt or agent of the state?: Anti-money laundering compliance strategies of French and German lawyers
Ola Svenonius, Ulrika MörthThe purpose of this paper is to analyse how lawyers in two of the largest European economies manage the contradictory requirements set by anti-money laundering and…
Particularities of anti-money laundering methods in football
Sonja Cindori, Ana ManolaBased on an overview of the anti-money laundering initiatives in the sport sector and recent efforts of money launderers focused toward finding alternative channels for…
Tracing criminal proceeds through fungible mixtures in money laundering cases
Kenny FooThe purpose of this paper is to examine the problem of tracing criminal proceeds through fungible mixtures, in the context of money laundering prosecutions and with a…
Money laundering through raw diamonds
Fabian Maximilian Johannes Teichmann, Marie-Christin FalkerThis paper aims to illustrate how illegally obtained funds are laundered through raw diamonds in Austria, Germany, Liechtenstein and Switzerland.
Money laundering through exchange offices
Fabian Maximilian Johannes Teichmann, Marie-Christin FalkerThe purpose of this paper is to illustrate how money launderers circumvent compliance measures by using exchange offices to launder incriminated funds.
Analysis of Bahrain’s anti-money laundering (AML) and combatting of terrorist financing (CTF) practices
Mohammed Ahmad NaheemThis paper aims to examine the level of anti-money laundering (AML) and combatting terrorist financing (CTF) practices incorporated within the legal framework of the…
Money laundering through deposit boxes
Fabian Maximilian Johannes Teichmann, Marie-Christin FalkerThe purpose of this paper is to exemplify how money launderers in European German-speaking countries use deposit boxes to place incriminated funds.
Legal analysis of Qatar’santi-money laundering and combating terrorist financing legislation and regulation amidst the summer 2017 GCC crisis
Mohammed Ahmad NaheemThe recent diplomatic split between members of the Gulf Cooperation Council (GCC) and Qatar with accusations of terrorist financing (TF). This paper aims to study Qatar’s…
Presenting a legal and regulatory analysis of the United Arab Emirates’ past, present and future legislation on combating money laundering (ML) and terrorist financing (TF)
Mohammed Ahmad NaheemThis paper aims to study the three levels of anti-money laundering (AML) and combating of terrorist financing (CTF) regulations that apply to banks and financial…
ISSN:
1368-5201Online date, start – end:
1997Copyright Holder:
Emerald Publishing LimitedOpen access:
hybridEditors:
- Dr Li Hong Xing
- Prof Barry Rider
Further Information
