Table of contents
Australia’s response to the FATF’s 2003 40 Recommendations
Jackie JohnsonOutlines the Recommendations of the Financial Action Task Force (FATF) Anti‐Money Laundering Recommendations, which go well beyond the 1996 version: they are prescriptive and…
Dead fish across the trail: illustrations of money laundering methods
Anthony KennedyUses examples from US case law to illustrate how money laundering has been attempted in the past. Details a large number of specific methods: cash couriers, cash conversion, safe…
De‐listing from NCCTs and money laundering control measures: a banking regulation perspective
Wassim N. ShahinAnalyses from a banking regulation perspective the general experience of 23 countries that were initially listed as non‐cooperative countries and territories (NCCTs); this group…
Threshold transaction disclosures: access on demand through latent disclosure rather than reporting
Peter A. Gallo, Christopher C. JuckesDistinguishes between the two normal methods of reporting suspected cases of money laundering to the authorities, usually a financial intelligence unit (FIU): a suspicious…
China: anti‐money laundering in a foreign exchange area
Li DongrongFocuses mainly on how China’s State Administration of Foreign Exchange (SAFE) monitors cross‐border capital flows and, since 2003, is mandated to combat transnational money…
An evaluation of money laundering policies
Jackie HarveyConsiders evidence of the costs and benefits of money laundering compliance activity within the UK, in light of the fact that despite the UK’s particularly assiduous compliance…
The regulatory failure: the saga of BCCI
Mohammed B. HemrajAnalyses where the auditors and regulators went wrong in the attempting to prevent the collapse of the Bank of Credit and Commerce International (BCCI) in 1991; the Bank was…
Financial supervisory unification and financial intelligence units
Donato MasciandaroExamines the relationship between two recent developments in regulation and supervision of banking, financial and insurance markets: unification of supervision, and the…
Curbing financial crime among Third World elites
Gerald Anselm Acqaah‐GaisieDescribes how African, Asian and Latin American elites ‐ whether politicians, civil servants or businessmen ‐ oppress and exploit their peasant populations by extorting…
ISSN:
1368-5201Online date, start – end:
1997Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditors:
- Dr Li Hong Xing
- Prof Barry Rider