...Francesco Gaetano Fazzi Purpose This paper aims to explore Switzerland’s export restriction laws, focusing on export controls and sanctions, with particular attention to the reporting obligations placed on financial institutions. It aims to assess how Switzerland’s anti-money laundering (AML...

...Kalle Johannes Rose; Rasmus Ingemann Tuffveson Jensen Purpose This paper formulates a microeconomic model to investigate the effects of current anti-money laundering (AML) regulations. The model is motivated by the requirement that banks undertake risk-based transaction monitoring, using “risk...

...Isaac Ofoeda Purpose This study aims to examine the impact of anti-money laundering (AML) regulations on financial inclusion using a comprehensive measure of AML regulations developed by the Basel Institute on Governance. Again, this study investigates the existence of threshold effects in the AML...

..., because it increases the possible risk of money laundering. The purpose of this paper is to analyze whether the de-risking strategy of financial institutions results in an expansion of the regulatory framework concerning anti-money laundering focusing on off-boarding of clients and, if so, is there a way...

...Leo-Rey Gordon Purpose The paper aims to provide needed quantitative assessments of the impact of the withdrawal of correspondent banking to small emerging economies. It serves to identify the extent to which global anti-money laundering and combatting the financing of terrorism (AML/CFT...

...Emmanuel Senanu Mekpor; Anthony Aboagye; Jonathan Welbeck Purpose This paper aims to compute a measure for anti-money laundering/counter-financing of terrorism (AML/CFT) compliance and investigate its determinants. Design/methodology/approach Using the Financial Action Task Force (FATF...

...-use rights only Corruption Tax evasion Anti-money laundering Financial regulation Compliance and regulation Corporate compliance Defining the term “tax haven” is a hard nut to crack. Till date, there is no unanimously accepted definition of a tax haven. There are, however...

...Mohammed Ahmad Naheem Purpose – This paper aims to provide an analysis of the HSBC Swiss bank accounts scandal, from the perspective of anti-money laundering (AML) compliance, and considers the future AML implications for the banking sector and HSBC. It reviews the use of a whistleblower...