Table of contents
Money Laundering: Is It Now A Corporate Problem?
William F. BrutonMoney laundering occurs in almost every crime where there is a financial motive. People who commit most crimes have personal enrichment as at least one of their motives. Because…
Corrupt Leaders and Their Bankers
Michael BrindleAtlantis is one of the poorest 20 countries in the world. According to official UN statistics, its GDP per capita in 1997 was US$200. Formerly a Portuguese colony, it gained…
How Big is Global Money Laundering?
John WalkerKnown incidents of money laundering involving large amounts of money generated from crime are of tremendous public interest and are consequently given wide publicity. A wide range…
International Measures to Fight Money Laundering
Javier GarciaThe phrase ‘pecunia non olet’ (money does not smell) is attributed to the Emperor Vespasian as regards a new tax for the use of public toilets which had been imposed in Rome…
Ruined in a Conventional Way: Some Thoughts on Risk and Money Laundering
Simon WillisIn the author's last article (JMLC, Vol. 2, No. 3) reference was made to ‘thefts dressed as non‐performing loans’ and the catastrophic risks run by individual financial…
Tax Evasion and Money Laundering — An Open and Shut Case?
Martyn J. Bridges, Peter GreenRecent debate has centred on the applicability of the money‐laundering legislation to the proceeds of domestic and foreign tax evasion. Banks and other financial institutions have…
Guernsey: Study of a Finance Centre and Its Fight Against Fraud
Peter G. CrookIt might seem strange to some that a financial services regulator is writing about fraud. Historically economic crime is the province of law enforcers but the inescapable fact is…
Mercosur: ‘Organised Crime, Money Laundering and Harmonisation of Legislation’
Pedro R. DavidSection 1 of the Asuncion Treaty sets up the Common Market of the Southern Cone (Mercosur). It establishes, inter alia, ‘the commitment of the Member Parties to harmonize their…
Mexico: The Black Market in Foreign Exchange and its Relationship with Narcotics Money Laundering
Robert GrosseThe Mexican foreign exchange market plays an important role in the laundering of narcotics revenues of traffickers from that country and, to some extent, traffickers from Colombia…
Russia: What has Precipitated the Rise of Criminal Activity?
Kate EbbageRussian organised crime (ROC) is on the increase, with new stories in the press appearing practically every day. In 1994, Boris Yeltsin announced in his address to the Duma (the…
Russia: The Fraudsters' Craftsmanship
Vladimir LavrovThis paper discusses the most serious financial disaster of a criminal nature that has yet occurred in post‐Soviet Russia — fraud at regional branches of the National Central Bank…
ISSN:
1368-5201Online date, start – end:
1997Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditors:
- Dr Li Hong Xing
- Prof Barry Rider