Journal of Money Laundering Control: Volume 21 Issue 4

Editorial

A comparative analysis of the prepaid card laws/regulations in Nigeria, the UK, the USA and India

This paper aims to compare the prepaid card laws/regulations in Nigeria, the UK, the USA and India with the aim of determining the best approach to regulating prepaid cards, that…

Toward a new model of money laundering: Is the “placement, layering, integration” model obsolete?

The criminal money laundering statutes grew out of the experience drug investigators had in tracking the proceeds of illegal drug transactions. Frequently, the cash was disguised…

FIFA – highlighting the links between global banking and international money laundering

This paper uses the recent (August 2015) FIFA arrests to provide an example of how illicit financial flows are occurring through the formal banking and financial services sector…

Financing terrorism through cryptocurrencies – a danger for Europe?

This purpose of this paper is to illustrate how terrorists finance their activities through cryptocurrencies.

Anti-money laundering and moral intensity in suspicious activity reporting: An application of Jones’ issue contingent model

This paper aims to examine the influence Jones’ Moral Intensity Model (1991) has on the decision-making process of anti-money laundering (AML) compliance officers charged with…

Assessment of asset forfeiture in targeting Somali piracy ransoms

The purpose of this paper is to consider the applicability and challenges of using asset forfeiture mechanisms in taking away the illicit gains of Somali piracy for ransoms.

Financial crime, corruption and tax evasion: a cross-country investigation

This paper aims to examine the relationship between the financial crime and tax evasion and tests whether corruption moderates such a relationship.

Making sure crime does not pay: Recent efforts to tackle corruption in Dubai: the 2016 creation of the Dubai Economic Security Centre

This paper aims to analyse a new piece of Dubai legislation, Dubai Law No. (4) of 2016: The Dubai Economic Security Centre (DESC) Law, in respect of its role and impact on…

Tax gap in the global economy

The purpose of this paper is to present an up-to-date estimation of the tax gaps (TGs) of 35 countries (28 EU member states and 7 additional countries – Australia, Canada, Japan…

The regime against money laundering: a call for scientific modelling

The purpose of this paper is to examine the magnitude of the global problem of money laundering and the scholarly critics of money laundering concept. The paper further explores…

The big bath of demonetization in India: strike on black money for corporate governance

This paper aims to focus on the concept of abolition of black money and the demonetization movement started in India for cleaning black money and its impact on corporate world and…

Challenges of implementing an effective risk-based supervision on anti-money laundering and countering the financing of terrorism under the 2013 FATF methodology

The purpose of this study is to assess whether level of income of a particular country affects the level of effectiveness in anti-money laundering (AML)/ countering the financing…