Search results

In the wake of the 1988 United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, attention has come to be focused on money laundering. Several developed, and some developing, countries now have in place legislative and other control measures designed to enable information to be collected and to facilitate investigations with regard to investments and transfer of funds above a certain monetary limit; to confiscate assets purchased with the proceeds from the sale of controlled drugs; and, to impose stringent jail and other sentences on persons contravening the applicable drug or banking laws.

Assesses the health belief model and its application to the perception of HIV/AIDS prevention through public health education. Investigates the concepts of stigma and blame among the Chinese, Malay and Indian Singaporeans. Describes the methodology and data analysis used. Analyses the findings – that the significant majority believe HIV/AIDS sufferers to be risk‐takers (rather than deviants) and that the most effective preventive measure against AIDS is to change sexual behaviour. Compares findings across the three ethnic groups – Malays believe that the individual is personally responsible for contracting HIV/AIDS, they also recognize the seriousness of the disease; the Indians had a sense of concerned responsibility, partially as a result of public health campaigns; the Chinese also had a sense of concerned responsibility, but not gleaned so much from health campaigns. Reports that, across the communities, younger people attribute HIV/AIDS to deviant sexual behaviour, while older people think of HIV/AIDS sufferers as victims of accidental infection and are therefore more sympathetic. Attributes ethnic differences to two facts: the first is that, in Singapore, people regard dual identify as important – on the one hand helping to shape Singapore’s national identity and, on the other hand, retaining strong values of ethnicity; the second fact is religion, particularly the way Malay Muslims attribute HIV/AIDS to personal responsibility.

According to UNDCP's World Drug Report published in 1997, the illicit drug industry's annual turnover is estimated to be US$400bn, roughly equivalent to 8 per cent of total international trade. The profit in the drugs business depends heavily on the availability of precursors. Only opium and cannabis — which are not as costly as heroin and some other drugs — are consumed in a relatively raw form without being chemically processed. Other drugs of abuse require precursor chemicals in their manufacture. In the case of opium, for example, a farmer will be offered only US$80 for 1 kg of opium. With the availability of chemicals, this opium will be converted, in stages, into heroin. The street value of 1 kg of heroin in the United States, for instance, is US$290,000. This staggering profit is only possible if the illicit drug industry can access the chemicals they need for the conversion.

The 1988 United Nations Convention Against Illicit Trafficking in Narcotic Drugs and Psychotropic Substances (‘the 1988 Convention’) has sharpened the focus on tracking down and seizing ‘dirty money’ generated by drug‐related criminal activities. It was the expectation of the architects of the 1988 Convention that by making it more difficult for criminals to have access to ill‐gotten wealth they will be less motivated to engage in such activities. While it is difficult to quantify, it is estimated that the annual turnover of the illicit drug industry reaches a staggering US$500bn.

The International Narcotics Control Board (INCB) — a mechanism established under the international drug control treaties and consisting of 13 members elected by the Economic and Social Council — is mandated to publish an annual report on the current and emerging drug control situation. Each year's report comments on a special theme; freedom from pain and suffering is the focus of the report released on 23rd February, 2000.

Since the adoption of the 1988 UN Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, an increasing number of state parties are according attention to the regulation of precursors. The term ‘precursor’ is neither a scientific nor a technical term. It is used to refer to various substances such as chemicals, acids, solvents and reagents that are frequently used in the illicit manufacture of narcotic drugs and psychotropic substances.

The Special Session of the General Assembly of the United Nations Devoted to Countering the World Drug Problem Together (commonly referred to as the World Drug Summit) was held in New York on 8th‐10th June, 1998. Many presidents, prime ministers and heads of state attended the sessions. Several meetings of representatives of non‐governmental organisations and activists dealing with special subjects preceded, or were held simultaneously with; the sessions. The World Drug Summit adopted a political declaration; a declaration on the guiding principles of drug demand reduction; and measures in relation to five specific areas to enhance international cooperation to counter the world drug problem.

The purpose of this paper is to articulate why money laundering is a matter of concern for stock market operations. It examines how anti‐money laundering efforts contribute to good governance and, conversely, how good governance measures themselves help promote anti‐money laundering efforts.

This review examines issues and concerns from a theoretical perspective and, based on some of the governance problems that have led to the collapse of various corporations, it examines how good governance can make a difference.

The paper proves that good governance norms and practices can influence the further development and refinement of anti‐money laundering and terrorist financing regimes and their effective implementation. Likewise, compliance with anti‐money laundering and terrorist financing regimes can help create an environment conducive to the achievement of good governance norms and practices.

Noting that very little empirical research has been done so far on the issue of money laundering in the context of stock market operations, the paper suggests that researchers should accord more attention to this subject.

The paper sheds light on an important area that has not been the subject of previous research studies and points to the importance of qualitative research in promoting a culture of stable and compliant capital markets.

The purpose of this paper is to provide an overview of the salient legislative provisions aimed at curbing financial and economic crime.

The paper presents an analysis of financial and economic crime in Sri Lanka.

The paper underlines the practical limitations in enforcing the laws and regulations and highlights the need for political will, allocation of resources for law enforcement, capacity building within enforcement agencies and international cooperation as essential conditions for effective law enforcement.

Sri Lanka's experience suggests both what is possible as well as not possible to deal with terrorism using law as a tool.

The purpose of this paper is to develop an effective process to market high-rise luxury condominiums in a middle-income country in Asia like Sri Lanka, based on empirical evidence.

The case research methodology used to address the four research issues used multiple sources of data. In stage 1, qualitative data were collected in interviews with managers and salespersons of six condominium developments that ranged from successful to failure. In stage 2, quantitative data were collected in a survey of the buyers of the six cases.

The authors contributions to knowledge include the first evidence-based findings about what influences the success and failure of high-rise luxury condominium developments in a country like Sri Lanka. In addition, a comprehensive marketing model of an effective marketing process is developed for forward-thinking professionals in the field to use to successfully market their luxury high-rise condominiums projects in the future.

Detailed steps for successful marketing are outlined, from the Board of Management down to salespersons.

This is the first academic research paper to examine the effective marketing of high-rise luxury condominiums in a middle-income country like Sri Lanka.