Table of contents
Money Laundering
Michael ZeldinMoney laundering is defined as the process by which illicit money is made to appear licit. It is an essential element of any cash generating criminal venture. The manner in which…
Where Has All the Money Gone? The IRA as a Profit‐making Concern
W.A. TupmanThis paper argues that illegal businesses associated with the Republican Movement in Northern Ireland are extremely profitable. It raises the question of what happens to the…
Commingled Funds: How to Seize Proceeds of Electronic Crime
Linda J. CandlerUnder US law, whether the proceeds of electronic crime can be identified and seized where the funds have been commingled with legitimate funds depends on whether the legitimate…
Offshore Banking Secrecy: Myth or Reality?
Peter D. MaynardThere is no such thing as absolute bank secrecy, even in the offshore environment. Bank secrecy is a matter of degree, and ultimately is a myth rather than an absolute reality. A…
The Constitution, Forfeiture, Proportionality and Instrumentality: United States ? Bajakajian The United States Supreme Court Tries Again
Fletcher N. BaldwinOn 9th June, 1994, Mr Hosea Bajakajian and his wife were preparing to board an Alitalia Airways flight departing Los Angeles bound for Syria (Mr Bajakajian's native land) and…
A Gateway for Money Laundering? Financial Liberalisation in Developing and Transitional Economies
Shazeeda A. AliIn the eternal quest to launder money, those seeking legitimacy for their wealth will transcend all frontiers, be they technological, geographic or indeed legal. As one door is…
Bulgaria: Major Problems Caused by Illicit Money Transfer are Met with Grim Determination
Nick RidleyBulgaria, at the height of what history judges, with the benefit of hindsight, as the cold war, was one of the most loyal of the Warsaw Pact nations. Yugoslavia's schism with the…
Guernsey: International Cooperation Against the Modern International Criminal
Peter CrookAs evidenced by the international consensus on the prevention of money laundering, it is becoming clear that it is well supervised and regulated financial centres that will prove…
Nigeria: On the Trail of a Spectre — Destabilisation of Developing and Transitional Economies
Olukonyinsola Ajayi, Simisola OsosamiThe impact of corruption is multifaceted. It rends the moral fabric of developing societies, slows down administrative processes, makes implementation of government policies…
Panama: Bank Secrecy and Prevention of Economic Crime
Ricardo M. AlbaPanama is an isthmian strip of land uniting Central and South America, extending approximately 75,000 square kilometres and whose borders are: to the North, the Caribbean Sea; to…
Russia: Organised Crime and Money Laundering
Leonid L. FituniRussia‐related money laundering is often mentioned in the international press and reports of government agencies as a serious problem in international financial and banking…
Turkey: Efforts to Prevent Money Laundering
Alev IzciSince Turkey has realised the importance of anti money‐laundering measures as one of the means of struggle against serious crime, it has initiated programmes for introducing new…
Zimbabwe: Proposed Additional Money‐Laundering Legislation
Anthony R. GubbayZimbabwe already has in place the Serious Offences (Confiscation of Profits) Act [Ch. 9: 17]. It was enacted in 1990 in response to a Commonwealth initiative which encouraged all…
ISSN:
1368-5201Online date, start – end:
1997Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditors:
- Dr Li Hong Xing
- Prof Barry Rider