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In 2012, the New York Department of Financial Services threatened to revoke Standard Chartered Bank’s U.S. license for alleged money laundering violations involving Iran. The bank’s settlement with US regulators and law enforcement cost the bank approximately $1.099 billion. In 2013, as a signal that no bank was too big to jail, the Holding Individuals Accountable and Deterring Money Laundering Act was introduced into the U.S. Congress. We focus on a clinical examination of the Standard Chartered money laundering case and examine the role of the US regulators and law enforcement in the settlement.

Given its social importance, Sport (especially Football), which has experienced an astounding transformation into a global industry with significant economic impact, has been a vehicle for the transmission of cultural and universal values. Its structural complexity (players, transfer agents, clubs and its owners, right holders of different contracts) creates a lot of moving parts that can easily hide illicit activity, especially because this structure incorporates the international market. The movement of large amounts of money, the difficulty in accounting for all transactions, and ironically, the clubs’ own financial needs increase this sector’s vulnerability to organized crime. For many years, this sector has had a relatively free hand in its efforts to make criminal assets legal. This is made possible by some ineffectiveness of current national and international laws and enforcement bodies, which have not kept pace with the changing situation. It is already known that sport historically has been used as a tool for enrichment of a specific group of companies, an issue deserving of public concern. This chapter argues for a sensitive situation involving the actors of the public and private sectors, notably its regulations, in order to curb corruption and money laundering through sport. The purpose is to address these matters by identifying the risks of misconduct within sport organizations, and proposing measures that could prevent, hamper, and punish any attempts to thwart these organizations’ main goal: promoting sport as a way for cultural improvement and teaching people the values of tolerance and civilized coexistence.

The principal issue that will be considered in this chapter is how the banking sector facilitates the crimes of money laundering and tax evasion. This will entail asking a series of related questions. Does the assistance of the banking sector in financial crime involve a small number of wayward employees at the periphery of banking? Or are multinational financial institutions willing participants in the systemic evasion of global antifinancial crime standards? In exploring these questions, the theory and practice of money laundering will be explored by focusing on the three stages of the money laundering cycle. The global anti-money laundering standards that apply to the banking sector, and the role of bank secrecy in promoting tax evasion, will be examined through a series of case studies. It will be argued that there is strong empirical evidence that the banking sector is a systemic offender facilitating financial crimes, despite the enactment of international and national antifinancial crime standards and criminal prosecutions of financial institutions.

This chapter considers anti-Russia sanctions and their role in the country’s sustainable development. The authors consider sanctions against Russia in the general context of restrictive measures as an instrument of international economic activity. The nature of the anti-Russia sanctions is analyzed in the chapter. A chronology of the introduction of restrictive measures against Russia is discussed. The authors consistently examine the negative consequences and positive aspects of the anti-Russia sanctions in the general political and economic context. Due to duplicitous implications of the sanctions, attention is paid to the import phaseout policy, which has been proclaimed and implemented by Russia. In addition, reciprocal restrictive measures (counter-sanctions), which are introduced by Russia in response to the actions against the country, have been considered in the chapter. Regarding the Russian economy as an inherent part of the world economy, the authors present their conclusions on how reciprocal restrictive measures cause damage to the interests of all parties involved in the process.

What courage is required for an emerging leader to run for office as an independent candidate in a contested election? What changes when that leader is a young woman, challenging the status quo in a male-dominated political field? And finally, how does courage intersect leadership, what is required, learned, and tested when running for office means risking one’s life? This is the story of an emerging leader, Linda K. Sibanyoni, a candidate for political office from Zimbabwe, who is leading change in her community and who is willing to exercise the courage required to do so in new, different, and unexpected ways. Her lived experience is underpinned by the intersection of gender, power, and politics. From this story of trial, courage, and risk comes discussion around the leadership practices required for change in uncertain and unstable systems.