...Fabian Maximilian Johannes Teichmann; Chiara Wittmann Purpose The threat of cybercrime is pervasive. Corporations cannot be convinced, out of sheer luck or naïve conviction, that they will remain unaffected. When targeted, the stark reality is that a company also incurs a liability risk...

...Patrick Hardouin Purpose This paper aims to highlight the shift of impunity from institutions to individuals within the “too big to fail, too big to jail” paradigm and to restore individual liability in the financial industry. Design/methodology/approach The paper is based on the analysis...

..., and this results in knowledge for the purpose of “knowingly concerned” liability; they also have to report suspicions of money laundering and generally cooperate with the FSA. © Emerald Group Publishing Limited 2005 United Kingdom Banks Liability Financial services Journal of Financial Crime Ð Vol...

...N. R. W. Davidson Raises the problem for a bank asked by a third party to freeze the funds of a customer, with special reference to New Zealand; the bank faces liability whichever decision it makes. Mentions the Royal Brunei Airlines and Twinsectra cases, and details a case study (US International...

..., and consider insurance as a risk management tool. Organizations Liability Fraud United States of America © Emerald Group Publishing Limited 2004 Journal of Financial Crime Ð Vol. 12 No. 1 Identity Theft: The US Legal Environment and Organisations' Related Responsibilities Gregory J. Gerard...

...Mohammed B. Hemraj Analyses the emergence of tortious liability on solicitors and the damages awarded against them for negligence in preparing wills, ie testamentary disposition, when this causes losses to beneficiaries recognisable in law; it is no longer the case that actions by clients against...

... of the Act have widened so far that accountants have become insurers of business failures at triple the losses suffered by the businesses. Journal of Financial Crime Ð Vol. 10 No. 2 The Liability of Accountants and Auditors under the Federal Securities Acts and the Racketeer In¯uenced and Corrupt...

..., the court may order the evading spouse to indemnify the claimant for the wrongly imposed tax liability.32 Recapturing property This concerns recapturing property from fraudulent grantees or from sub-grantees who took gratuitously or paid value with notice.33 This remedy includes interfering with third...

... Corporation v Peat, Marwick Main & Co. Concludes that courts seem divided on liability for auditors who fail to detect fraud. © MCB UP Limited 2002 Auditors United States of America Fraud Auditing standards Liability Journal of Financial Crime Ð Vol. 10 No. 1 The Detection of Financial...

..., a lawyer who gave advice which enabled shell companies to be set up fraudulently, and failed to ask questions about the transactions; he was found to be liable for the losses. © MCB UP Limited 2002 Fraud Financial institutions Corruption Case studies Liability Litigation Journal...