.... Findings The ability to combat money laundering and the financing of terrorism (AML/CFT) in countries is influenced by several internal and external factors, including the efficiency of their FIUs’ and compliance with FATF recommendations. The analysis of FIUs across the countries demonstrates a raft...

... Using cross-country regulatory data on the UK financial institutions’ perceptions of jurisdiction risk, this study empirically determines that perceptions of jurisdiction risk is significantly and positively associated with anti-money laundering and countering the financing of terrorism (AML/CFT...

... consolidation is needed to lower the impacts of AML cases, as stock prices of larger banks show less sensitivity. In addition, the findings could be used to determine financial sanctions against banks violating AML regulation. Finally, the findings imply that AML news can have severe and fast-moving financial...

... Limited 2022 Emerald Publishing Limited Licensed re-use rights only Money laundering AML PMLA Provisional attachment Secured creditors Money laundering is a process that involves concealing the illicit origins of income and disguising the source of the money to make it appear...

... at: nicholas.gilmour@protonmail.com © Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only Crime script Analysis Money laundering Terrorism financing Organised crime Situational crime prevention Typologies FATF AML Placement Layering Integration...

... that the transaction is designed in whole or in part to conceal or disguise the nature of, the location, the source, the ownership or the control of the proceeds of specified unlawful activity; or to avoid transaction reporting requirement under State of Federal Law.” However, under section 3 of the AML Act (2010...

...Stephen Damianos AML Accountability World Bank Elite capture Offshore centres Tax havens In February 2020, the World Bank released a paper it had allegedly suppressed. Titled Elite Capture of Foreign Aid: Evidence from Offshore Bank Accounts, the working paper documents...

... Simser can be contacted at: jeffsimser@yahoo.ca © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only AML Financial intelligence unit Money laundering Canada FINTRAC Organized crime There are generally four FIU models: Judicial...

...Doron Goldbarsht Purpose This paper aims to explore the ways in which the international standards in the field of anti-money laundering (AML) and counter-terrorist financing (CTF) have reshaped regulatory regimes in a globalised world. Design/methodology/approach This paper deconstructs...

...Nicholas Gilmour Purpose The purpose of this paper is to illustrate the incentivised steps criminals take to launder cash while avoiding government’s anti-money laundering (AML) measures. Design/methodology/approach To illustrate how and when technology is most prominent in the money...

...) controlled legal entities. International standards and national legislation require enhanced due diligence of political office holders but no specific requirements exist on entities controlled by PEPs. While regulators expect the stringent AML risk mitigation regarding this type of entities, financial...

...Henry Balani Purpose This paper aims to analyze the impact of the introduction of anti-money laundering (AML) regulations on bank stock valuations in the USA. Regulations can have a negative impact on financial returns as a result of increased operational costs, potentially driving down stock...

.... Qatar’s efforts were found to be sustained but these still fall short of emerging standards. This paper advocates for higher standards. This original paper and novel approach is useful to policymakers and researchers of AML/CTF law. It is particularly timely in advance of the 2017 mutual...

...David Kwok Purpose The purpose of this paper is to discuss briefly new developments in Hong Kong’s (HK) Anti-Money Laundering (AML) laws, both in terms of case law and legislation. Design/methodology/approach In terms of case law, the author discusses two decisions given by HK’s Court of Final...

...Patrick O’Sullivan Purpose This paper aims to provide a brief overview of the anti-money laundering (AML) failings documented by the US Permanent Subcommittee on Investigations found in Hong Kong and Shanghai Banking Corporation (HSBC) Mexico. This paper focuses in on the key areas of concern...