The role of information sharing in combating money laundering: the importance and challenges of mutual legal assistance for developing jurisdictions like Pakistan
Journal of Money Laundering Control
ISSN: 1368-5201
Article publication date: 8 December 2022
Issue publication date: 28 November 2023
Abstract
Purpose
The study aims to explore the challenges of developing jurisdictions like Pakistan in achieving significant mutual legal assistance from the international community, especially for sharing financial information.
Design/methodology/approach
A qualitative approach of semi-structured interviews was adopted to complete the study’s objective. The selection of financial experts for interviews was based on purposive sampling.
Findings
This study concluded that Pakistan is facing several challenges, including mistrust of the international community; political disinterestedness and instability; delaying tactics in implementation, capacity and resources of law enforcers; and proximity with hostile neighbours.
Originality/value
Rare studies discussed this issue in the Pakistani context.
Keywords
Citation
Sultan, N. and Mohamed, N. (2023), "The role of information sharing in combating money laundering: the importance and challenges of mutual legal assistance for developing jurisdictions like Pakistan", Journal of Money Laundering Control, Vol. 26 No. 6, pp. 1242-1260. https://doi.org/10.1108/JMLC-09-2022-0128
Publisher
:Emerald Publishing Limited
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