Article navigation
Purpose

To describe anticipatory risk as a fundamental pillar for a framework of international law in relation to global terrorism.

Design/methodology/approach

Economic terrorism and global terrorist transactions are used as a case study to demonstrate asymmetric financial crime and vulnerabilities of financial districts, economies and populations.

Findings

The act of anticipation of risk is quantifiable and imposes a duty to manage foreseeable catastrophic consequences. Such a duty in turn creates a proportionate reaction that can be recognised in law.

Practical implications

Recommendations are made for international discussions by jurists, global agreements through the United Nations and the G8 and for national laws, corporate governance standards and regulatory measures to become a seamless extension of the international framework.

Originality/value

Commercial law, criminal law and the international laws and conventions of war require a framework that defines foreseeability, catastrophic risk, uncertainty, adequacy and proportionality.

You do not currently have access to this content.
Don't already have an account? Register

Purchased this content as a guest? Enter your email address to restore access.

Pay-Per-View Access
$39.00
Rental

or Create an Account

Close subscription notice
Close access options