Author: Noémi També Bearpark
Publisher: Springer Nature
ISBN: 3031075080
Category : Business & Economics
Languages : en
Pages : 213
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Book Description
This book examines the interpretation of the risk-based approach (RBA) and its application across the banking industry. It explores the ways conflicting risk interpretation and deconstruction of money laundering risk have unintended consequences across the banking industry. Furthermore, it offers a theoretical framework that can be adopted and implemented by risk practitioners to address money laundering (ML) risks. The interpretation and application of the RBA influences the way money laundering risk is perceived, presented, and managed, often resulting in misalignment among stakeholders. Moreover, AML practitioners interpret money laundering (ML) risk as an entity that can be contained, largely in ignorance of the fact that ML risk is self-referential. The book therefore addresses complex inter-system feedback phenomena that lead to de-risking and re-risking, and offers a new ML risk communication framework on this basis. It will be of value to researchers and also to stakeholders within financial institutions, financial intelligence units and regulators in the fight against money laundering.
Author: Noémi També Bearpark
Publisher:
ISBN: 9783031075094
Category :
Languages : en
Pages : 0
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Book Description
This book examines the interpretation of the risk-based approach (RBA) and its application across the banking industry. It explores the ways conflicting risk interpretation and deconstruction of money laundering risk have unintended consequences across the banking industry. Furthermore, it offers a theoretical framework that can be adopted and implemented by risk practitioners to address money laundering (ML) risks. The interpretation and application of the RBA influences the way money laundering risk is perceived, presented, and managed, often resulting in misalignment among stakeholders. Moreover, AML practitioners interpret money laundering (ML) risk as an entity that can be contained, largely in ignorance of the fact that ML risk is self-referential. The book therefore addresses complex inter-system feedback phenomena that lead to de-risking and re-risking, and offers a new ML risk communication framework on this basis. It will be of value to researchers and also to stakeholders within financial institutions, financial intelligence units and regulators in the fight against money laundering.
Author: Dina Francesca Haynes
Publisher: Ashgate Publishing, Ltd.
ISBN: 9780754674931
Category : Law
Languages : en
Pages : 342
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Book Description
Bringing together a range of contributors from multiple countries, this interdisciplinary volume offers a unique field view of the rule of law and human rights reform in the reconciliation and reconstruction process. The contributors all worked in Bosnia and Herzegovina during the ten years after the Dayton Peace Accords were signed; here they pause to analyze and critique the work they did.
Author: Brigitte Unger
Publisher: Edward Elgar Publishing
ISBN: 0857934007
Category : Business & Economics
Languages : en
Pages : 519
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Book Description
Although the practice of disguising the illicit origins of money dates back thousands of years, the concept of money laundering as a multidisciplinary topic with social, economic, political and regulatory implications has only gained prominence since the 1980s. This groundbreaking volume offers original, state-of-the-art research on the current money laundering debate and provides insightful predictions and recommendations for future developments in the field. The contributors to this volume academics, practitioners and government representatives from around the world offer a number of unique perspectives on different aspects of money laundering. Topics discussed include the history of money laundering, the scale of the problem, the different types of money laundering, the cost to the private sector, and the effectiveness of anti-money laundering policies and legislation. The book concludes with a detailed and insightful synthesis of the problem and recommendations for additional steps to be taken in the future. Students, professors and practitioners working in economics, banking, finance and law will find this volume a comprehensive and invaluable resource.
Author: Ina Kubbe
Publisher: Taylor & Francis
ISBN: 1040049494
Category : Political Science
Languages : en
Pages : 185
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Book Description
This book investigates corruption and anti-corruption efforts in Africa, emphasising the regional and thematic differences across the continent, whilst also exploring key patterns and trends. Combatting the ethnocentrism of Western corruption research, this book highlights the importance of a home-generated and contextualised approach to understanding corruption in Africa. Bringing together a rich array of qualitative, quantitative, and mixed methods research, the book considers how corruption manifests in a range of selected countries across the political, economic, and social spheres. The book adopts a strong comparative approach, exploring patterns, dynamics, and mechanisms in African societies. It assesses the historical underpinnings of corruption, emerging trends, and socio-economic realities before suggesting realistic contemporary solutions to the challenges of corruption in Africa. Bringing together academics and practitioners, readers will encounter intellectual discussion face-to-face with realities on the ground. As such, the book will be useful for scholars, politicians, public officials, and civil society organizations, as well as for students and researchers across the fields of political science, public administration, economy and corruption studies.
Author: Mark Nestmann
Publisher: eBookIt.com
ISBN: 1891266403
Category : Business & Economics
Languages : en
Pages : 937
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Book Description
On every front, 24 hours a day, you and your wealth face threats of an intensity that would have been unimaginable only a few short years ago. A sinister marriage of law and technology has made the pervasive and continuous surveillance that George Orwell warned of a reality. Identity thieves, greedy lawyers and the government have been quick to exploit this fast-evolving global surveillance network: - Data thieves can hijack your PC with easy-to-use hacking tools that even a 10-year old can master. After stealing your log-on passwords, they can drain your bank accounts. - If someone has a grudge against you, he can learn whether you're "worth suing" with a few clicks of a mouse. Hundreds of Web sites offer asset-tracking services to find your real estate ownership records, bank account balances, and much more. - Secret government data mining programs monitor your personal and financial activities 24 hours a day for "suspicious transactions." One oversight--becoming friends on Facebook with a suspected terrorist, withdrawing too much cash, unknowingly renting property to someone with a criminal background, etc.--and you could find yourself under arrest and your assets frozen. . Fortunately, you CAN fight back. You can secure your PC to make it virtually invulnerable to hackers. You can legally create international "lifeboats" of wealth and privacy that are practically invulnerable to snooping. You can understand what the government regards as suspicious ... and avoid raising your profile unnecessarily. The Lifeboat Strategy (2011) shows you exactly what you need to do to counter today's threats to wealth and privacy. It documents today's unprecedented threats to wealth and privacy and reveals hundreds of completely legal strategies to deal with them: private investments, opportunities, and strategies inside--and outside--the United States. And, it's written in language you can understand and put to work to protect yourself and your family. Special bonus report accompanying The Lifeboat Strategy (2011): How to Find Your Own Safe Haven Offshore. In this report, you you'll learn: - The 11 countries best suited for wealth preservation - Which countries offer the most to prospective immigrants? - How to legally purchase a second passport-and why you might want to. - In the current economic crisis, which "asset havens" will survive--or not? As the U.S. dollar collapses and the world moves into fiscal chaos, planning your own "escape from America" has never been more important. And this free special bonus report shows you, step-by-step, how to proceed.
Author: Rohan D. Clarke
Publisher: Taylor & Francis
ISBN: 1000785963
Category : Law
Languages : en
Pages : 228
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Book Description
This book provokes fresh ways of thinking about small developing States within the transnational legal order for combating money laundering and the financing of terrorism and proliferation (TAMLO). From the global wars on drugs and terror to journalistic exposés such as the ‘Paradise’, ‘Panama’ and ‘Pandora’ Papers, the Commonwealth Caribbean has been discursively stigmatised as a mythical island paradise of ‘rogue’ States. Not infrequently, their exercise of regulatory self-determination has been presented as the selling of their economic sovereignty to facilitate shady business deals and illicit finance from high-net-worth individuals, kleptocrats, tax-dodgers, organised crime networks and terrorist financiers. This book challenges conventional wisdom that Commonwealth Caribbean States are among the ‘weakest links’ within the global ecosystem to counter illicit finance. It achieves this by unmasking latent interests, and problematising coercive extraterritorial regulatory and surveillance practices, along the onshore/offshore and Global North/South axes. Interdisciplinary in its outlook, the book will appeal to policymakers, regulatory and supervisory authorities, academics and students concerned with better understanding legal and development policy issues related to risk-based regulatory governance of illicit finance. The book also provides an interesting exposition of substantive legal and policy issues arising from money laundering related to corruption and politically exposed persons, offshore finance, and offshore Internet gambling services.
Author: Abdullahi Usman Bello
Publisher: Springer
ISBN: 3319432648
Category : Social Science
Languages : en
Pages : 219
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Book Description
This book provides practical recommendations on how to improve the effectiveness and efficiency of AML compliance by introducing the theory, framework and approach for dealing with the concerns of Money Laundering Reporting Officers (MLROs) within the UK banking industry. Accordingly, Bello focusses on providing a theoretical explanation of compliance behaviour which is inadequately covered. Although the research is centred on MLROs within the UK banking industry, the self-protecting theory discovered from the research has general application to other compliance officers within and outside the UK. It is also applicable to regulatory environments in other economic sectors. The choice of MLROs and the UK as the focus of the study was because these individuals are arguably the most important stakeholders in AML and the UK is one of the largest financial centres in the world that provides opportunity for money laundering activities. A methodological and detailed study, this book will be of particular interest to practitioners and the regulatory authorities, as well as scholars of criminology and finance.
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
ISBN: 1498338879
Category : Social Science
Languages : en
Pages : 98
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Book Description
The Fund’s Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) program has significantly contributed to the international community’s response to money laundering and the financing of terrorism. This paper reviews how the Fund’s AML/CFT program has evolved during the past five years and discusses how the Fund could move forward in this area. The past five years have witnessed significant changes to the Fund’s AML/CFT technical assistance program. It is now being delivered more strategically than in the past and is almost exclusively funded by external resources. Its central pillar is now the AML/CFT Topical Trust Fund.
Author: Benjamin Hawkins
Publisher: Routledge
ISBN: 1351578979
Category : Political Science
Languages : en
Pages : 149
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Book Description
This book expands on and complements the burgeoning Brexit literature by placing the UK’s vote to leave the EU in its longer historical and discursive contexts. It examines the embedded Euroscepticism, which has dominated British political discourse on the European project and the role of the UK within it for at least the last three decades. Brexit was the consequence of a consistent denigration of the European integration project in the public sphere in which the terrain, and the conceptual vocabulary, of debate were set by a dominant, right-wing Eurosceptic discourse. This framed the EU as inherently heterogeneous and antagonistic to the UK. The book examines how ideas of British exceptionalism, which underpin Eurosceptic discourses, are sustained and reproduced and offers an account of their enduring, affective power amongst the British population. It is in this context that it was possible for pro-Brexit campaigners to assemble and enthuse a new coalition of voters sufficient to deliver a ‘leave’ majority on 23 June 2016. This text will be of key interest to scholars and students of British, EU and European politics, the media and press, public opinion, political behaviour and nationalism studies.
