The Impact of Money Laundering on Organised Crime and Terrorism PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Impact of Money Laundering on Organised Crime and Terrorism PDF full book. Access full book title The Impact of Money Laundering on Organised Crime and Terrorism by Mick Still. Download full books in PDF and EPUB format.
Author: Mick Still
Publisher: GRIN Verlag
ISBN: 334601424X
Category : Social Science
Languages : en
Pages : 61
Get Book
Book Description
Master's Thesis from the year 2018 in the subject Sociology - Law, Delinquency, Abnormal Behavior, grade: 1,0, Coventry University, language: English, abstract: The aim of this work is to provide sufficient information on the most significant key facts of money laundering and the negative impact of terrorism and organised crime on economy, companies, and society. To provide essential basics, the project will begin with the origin and definitions of the terms "money laundering" (ML) and "terrorist financing" (TF), and the differences between the two terms. Additionally, the most relevant legislations and law enforcement units addressing the issue will be demonstrated. Because of the complexity of local rules, regulations, and legislations, it will be focussed on global and European standards. The money laundering circle including its different phases will be stated as well as alternative modernised models as potential future ML or TF mechanisms such as the use of cryptocurrencies. These are covered in the second chapter. The third chapter will demonstrate the initiators and facilitators in the money laundering mechanism. The part of the initiators will be represented in this context by major transnational organised crime syndicates and terrorist groups to illustrate how initiators may look like, what objectives they have, how they operate, why money laundering is so essential to their future actions as well as how dangerous their existence is to our society. On the other hand, facilitators will involve different parties such as the role of banks, specific organisations, states, or offshore locations. It will additionally highlight how these parties benefit from money laundering and why it is such an attractive model to provide initiators with assistance services. By using real case scenarios and data of the most relevant reports, it will be emphasised in the fourth chapter what negative impact money laundering can have on the economy, society, and companies. The fifth chapter involves a comprehensive guidance on the prevention of ML including TF for corporate entities with respect to chapter 2.2, which introduced Anti Money Laundering (AML) and Counter Financing of Terrorism (CFT) legislations and several other recommendations by law enforcement units, policy makers, and AML/CFT professionals. It will cover significant mechanisms such as risk assessments, Compliance tools, Corporate Governance, Customer Due Diligence, Know Your Customer Principles, and several other preventive measures. The research project finishes with a conclusion.
Author: Mick Still
Publisher: GRIN Verlag
ISBN: 334601424X
Category : Social Science
Languages : en
Pages : 61
Get Book
Book Description
Master's Thesis from the year 2018 in the subject Sociology - Law, Delinquency, Abnormal Behavior, grade: 1,0, Coventry University, language: English, abstract: The aim of this work is to provide sufficient information on the most significant key facts of money laundering and the negative impact of terrorism and organised crime on economy, companies, and society. To provide essential basics, the project will begin with the origin and definitions of the terms "money laundering" (ML) and "terrorist financing" (TF), and the differences between the two terms. Additionally, the most relevant legislations and law enforcement units addressing the issue will be demonstrated. Because of the complexity of local rules, regulations, and legislations, it will be focussed on global and European standards. The money laundering circle including its different phases will be stated as well as alternative modernised models as potential future ML or TF mechanisms such as the use of cryptocurrencies. These are covered in the second chapter. The third chapter will demonstrate the initiators and facilitators in the money laundering mechanism. The part of the initiators will be represented in this context by major transnational organised crime syndicates and terrorist groups to illustrate how initiators may look like, what objectives they have, how they operate, why money laundering is so essential to their future actions as well as how dangerous their existence is to our society. On the other hand, facilitators will involve different parties such as the role of banks, specific organisations, states, or offshore locations. It will additionally highlight how these parties benefit from money laundering and why it is such an attractive model to provide initiators with assistance services. By using real case scenarios and data of the most relevant reports, it will be emphasised in the fourth chapter what negative impact money laundering can have on the economy, society, and companies. The fifth chapter involves a comprehensive guidance on the prevention of ML including TF for corporate entities with respect to chapter 2.2, which introduced Anti Money Laundering (AML) and Counter Financing of Terrorism (CFT) legislations and several other recommendations by law enforcement units, policy makers, and AML/CFT professionals. It will cover significant mechanisms such as risk assessments, Compliance tools, Corporate Governance, Customer Due Diligence, Know Your Customer Principles, and several other preventive measures. The research project finishes with a conclusion.
Author: Rafay, Abdul
Publisher: IGI Global
ISBN: 179988760X
Category : True Crime
Languages : en
Pages : 374
Get Book
Book Description
During the last few decades, corrupt financial practices were increasingly being monitored in many countries around the globe. The past few decades have been eventful for these issues. Today, tackling money laundering and terrorism financing are considered key issues in developed and developing countries alike. Eradication of money laundering and terrorism financing through a holistic approach of awareness, prevention, and enforcement is a current need. It has enabled the birth of new regulatory regimes based on strict compliance, robust processes, and technology. One of the many problems with this is the lack of general awareness about all these issues among various stakeholders including researchers and practitioners. Money Laundering and Terrorism Financing in Global Financial Systems deepens the discourse about money laundering, terrorism financing, and risk management in a modern-day environment. It provides a fascinating and invaluable guide for understanding the theory, practice, and cases of these topics. Split into two sections, the first being money laundering and terrorism financing and the second being financial governance and risk management, the chapters create comprehensive knowledge on these acts of crime in the financial industry by defining the crimes themselves, the many challenges and impacts, and potential solutions. This book is ideal for government officials, financial professionals, policymakers, academicians, business professionals, managers, IT specialists, researchers, and students.
Author: Katie Benson
Publisher: Routledge
ISBN: 0429677294
Category : Law
Languages : en
Pages : 247
Get Book
Book Description
Organised crime, corruption, and terrorism are considered to pose significant and unrelenting threats to the integrity, security, and stability of contemporary societies. Alongside traditional criminal enforcement responses, strategies focused on following the money trail of such crimes have become increasingly prevalent. These strategies include anti-money laundering measures to prevent ‘dirty money’ from infiltrating the legitimate economy, proceeds of crime powers to target the accumulated assets derived from crime, and counter-terrorist financing measures to prevent ‘clean’ money from being used for terrorist purposes. This collection brings together 17 emerging researchers in the fields of anti-money laundering, proceeds of crime, counter-terrorist financing and corruption to offer critical analyses of contemporary anti-assets strategies and state responses to a range of financial crimes. The chapters focus on innovative anti-financial crime measures and assemblages of governance that have become a feature of late modernity and on the ways in which individual nation states have responded to anti-money laundering and counter-terrorist financing requirements in light of their specific social, political, and economic contexts. This collection draws on perspectives from law, criminology, sociology, politics, and other disciplines. It adopts a much-needed international approach, focusing not only on expected jurisdictions, such as the United States and United Kingdom, but also on analysis from countries such as Qatar, Kuwait, Iran, and Nigeria. The authors stand out for their fresh and original research, which places them at the cutting edge of the subject. This book provides a comprehensive, insightful, and original study of an important and developing field for academics, students, practitioners, and policymakers in multiple jurisdictions.
Author: Brigitte Unger
Publisher: Edward Elgar Publishing
ISBN: 1781007624
Category : True Crime
Languages : en
Pages : 245
Get Book
Book Description
"Money laundering is a problem of some magnitude internationally and has long term negative economic impacts. Brigitte Unger argues that today, money laundering is largely linked to fraud and that it is not only small islands and tax heavens that launder, but increasingly industrialized countries like the US, Australia the Netherlands and the UK. Well-established financial markets and growing economies with sound political and social structures attract launderers in the same way as they attract honest capital. The book gives an interdisciplinary overview of the state-of-the-art of money laundering as well as describing the legal problems of defining and fighting money laundering. It then goes on to present a number of economic models designed to measure money laundering and applies these to measuring the size of laundering in the Netherlands and Australia. The book also gives an overview of techniques and potential effects of money laundering identified and measured so far in the literature. It adds to this debate by calculating the effects of laundering on crime and economic growth. This book will be of great interest to lawyers, financial experts, economists, political scientists, as well as to government ministries, international and national organizations and central banks."--Jacket.
Author: Brigitte Unger
Publisher: Edward Elgar Publishing
ISBN: 0857934007
Category : Business & Economics
Languages : en
Pages : 519
Get Book
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: Kristin M. Finklea
Publisher: DIANE Publishing
ISBN: 1437920039
Category : Social Science
Languages : en
Pages : 33
Get Book
Book Description
Contents: (1) Intro.; (2) Definitions of Organized Crime (OC); (3)Background: Omnibus Crime Control and Safe Streets Act; OC Control Act and RICO; Asset Forfeiture and Money Laundering Statutes; More Recent Fed. Attention to OC; (4) Fed. Law Enforcement Efforts to Combat OC; (5) Federal Investigations and Prosecutions of OC; (6) Current OC Trends: OC Groups Operating in the U.S.: Eurasian/Russian; Asian; Italian; Balkan; Other OC Groups; (7) Domestic Impact of OC: Impact of OC on the Economy; Money Laundering; Cigarette Trafficking; Piracy and Counterfeiting; OC and Terrorists; (8) Potential Issues for Congress: Fed. OC Resources; Multilateral Crime Fighting; Potential OC Nexus with Terrorism; (9) Legis. in the 111th Cong.
Author: Donato Masciandaro
Publisher: Taylor & Francis
ISBN: 1351933477
Category : Social Science
Languages : en
Pages : 266
Get Book
Book Description
The scope for financial crime has widened with the expansion and increased integration of financial markets. Money laundering, terrorism financing and tax crime have all changed in both nature and dimension. As new technologies reduce the importance of physical proximity to major onshore financial centres so a new generation of Offshore Financial Centres (OFCs) have emerged. This accessible volume provides a deeper analysis of the economic, institutional and political features of the OFCs, in order to design the optimal international regulatory policy. Using a multidisciplinary approach with an international level of expertise, the book evaluates international policies regarding offshore countries on the basis of a systematic analysis of their characteristics.
Author: Thomas J. Biersteker
Publisher: Routledge
ISBN: 1134155360
Category : Political Science
Languages : en
Pages : 349
Get Book
Book Description
Groups committing acts of terrorism have adapted their means of financing to elude detection since the 9/11 attacks in the United States. Surveying the global community’s multi-year effort to cut off terrorist funding, this volume offers a much-needed analysis of a complex, widely discussed, yet poorly understood subject. While books on terrorism have touched upon the topic, this is the first comprehensive, balanced, and scholarly overview of terrorist financing, its methods, and efforts to counter it. Bringing together leading analysts of terrorism, international relations, global finance, law, and criminology, Countering the Financing of Terrorism provides a critical assessment of the international effort to restrict terrorist financing. It evaluates the costs and benefits and offers recommendations for more effective policies for the future.
Author: William C. Gilmore
Publisher: Council of Europe
ISBN: 9287154678
Category : Law
Languages : en
Pages : 348
Get Book
Book Description
This is the third edition of this publication which explores key issues in the fast evolving field of money laundering and terrorist financing, and which has been restructured so as to fully reflect the high international priority given to tackling the financing of terrorism since September 2001. It takes into account recent developments such as the revised recommendations of the Financial Action Task Force on Money Laundering (FATF), as agreed in June 2003; pan-European responses and the 2001 EU Directive; and recent initiatives taken by the United Nations, FATF, the Organization of American States and other organisations. The publication is designed for a wide audience, including government officials and regulators, officials in banks and non-banking financial institutions, professions such as lawyers and accountants, academics and students.
Author: Anne Imobersteg Harvey
Publisher: BRILL
ISBN: 9004359109
Category : Law
Languages : en
Pages : 287
Get Book
Book Description
The book provides one of the first accounts of AML/CFT legislation in Australia, sets the international policy context, and outlines key international legal obligations. It assesses its effectiveness and its contribution to the erosion of democracy.
