... maybe seen at Link to the terms of the CC BY 4.0 licence. Anti-money laundering legislation Crypto asset FATF Mauritius Namibia United Kingdom South Africa Virtual assets Virtual asset service providers Virtual assets (VAs), cryptocurrencies, non-fungible tokens (NFTs), digital...

... Action Task Force (FATF) and its regional bodies (also referred to as FATF-style regional bodies) in connection with the current international standard for combating money laundering and terrorism financing (i.e. the FATF recommendations). It also provides three observations for enhancing the use...

...Durgesh Pandey Purpose This paper aims to analyse the Financial Intelligence Units (FIUs) of Canada, Australia, The Netherlands and India, focussing on key internal and external processes, such as the exchange of information, operations and compliance with Financial Action Task Force (FATF...

... laundering techniques used in relation to IWT by drawing on the works of various international organizations, including the FATF. Illegal wildlife trade Money laundering Money laundering controls Financial flows FATF The primary purpose of this article is to illustrate the importance...

... Suspicious transaction monitoring Corporate clients FATF Money laundering is the process by which illegally acquired funds are made to appear legitimate (Chen et al., 2018 ; Demetis, 2018) so a criminal organization can use them. Legitimate businesses play a major part in this process...

...Nasir Sultan; Norazida Mohamed; Jamaliah Said; Azroz Mohd Purpose This study aims to explore the perception of the compliance officers of the Pakistani financial sector towards the placement of Pakistan on the grey list by the Financial Action Task Force (FATF). Design/methodology/approach...

...@gmail.com © 2022 Emerald Publishing Limited 2022 Emerald Publishing Limited Licensed re-use rights only Methodology Risk assessment Beneficial owner FATF Legal person Recommendation 24 The importance of preventing the misuse of legal persons and arrangements for money laundering...

... for ML/FT. Broadly, it is found that the significance of this study will be two-pronged: empirical development and policy implications. This paper mainly focuses on the developing region, a newly emerging market and, peculiarly, a grey-listed region by the Financial Action Task Force (FATF...

...-based approach followed in Financial Action Task Force (FATF) recommendations and its adaptation in the UK with all crimes approach caused discrepancy in the judicial system and influenced regulated sector professionals negatively. Findings The paper points out that in spite of protective amendments...

... prevention Typologies FATF AML Placement Layering Integration Methodological approaches Policy development Crime script analysis Cornish’s vision for a script-theoretic approach to crime analysis is a methodological milestone in analysing crime and developing the top-down rational...

... jurisdictions. This paper, however, attempts to uncover legality issues such as over-criminalization and conflict with principles of criminal law. Money laundering Proceeds of crime Predicate offence FATF AML Legal definition This paper attains an identified issue how the legal definition...

... and metals under the Singapore Law. Vincent Ooi can be contacted at: vincentooi@smu.edu.sg © 2021 Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only Singapore Regulation FATF Anti-money laundering Precious stones and metals Precious stones...

... not be achieved in an atmosphere engulfed with corruption and money laundering. As a result, it became necessary for them to intervene albeit through direct or indirect mechanisms demonstrated by the use of soft law bodies such as Basel Committee on Banking Supervisors (BCBS) and Financial Action Task Force (FATF...

... of the reformation efforts undertaken by Trinidad and Tobago. © Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only The FATF welcomes Trinidad and Tobago’s significant progress in improving its AML/CFT regime and notes that Trinidad and Tobago has strengthened...

..., the FATF NCCT process began in February 2000 with an aim to “secure the adoption by all financial centers of international standards to prevent, detect and punish money laundering” (FATF, 2000b). The technical criteria employed were consistent with the 40 (and later 40 + 9) recommendations, and in several...

... the expansion of virtual currency. Anti-money laundering FATF Frequent-flier programs Loyalty programs Virtual currency The past few years have brought significant changes to the landscape of commercial transactions. One notable development is the expansion of virtual currencies, which poses...

... re-use rights only Vietnam FATF AML/CFT Forfeiture Asset confiscation Proceeds of crime Over the past decade, Vietnam has made great strides to improve its capacity to combat money laundering and terrorist financing. In that process, it also strengthened its ability to seize...

...Aisha Hassan Al-Emadi FATF Corruption Money laundering Regulations Due diligence Proceeds of crime International bodies and the national government, in the 1980s, indicated an interest in mitigating money laundering that resulted from the significant illicit profit generated from...

... the tidal waves of corruption and money laundering. They lack the qualities needed to activate “state responsibility”. Ejike Ekwueme can be contacted at: Eeejike@hotmail.com © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only OECD FATF Corruption...

...Nankpan Moses Nanyun; Alireza Nasiri Purpose This paper aims to examine the extent of successes and challenges of adoption and implementation of Financial Action Task Force (FATF) codes in member states by highlighting the influence of the FATF anti-money laundering policy framework on money...