... attention to the list of predicate offences under recommendations of Financial Action Task Force (FATF). This paper is an original work done by the authors which discuss the implications of fair value accounting practices on possible money laundering. The views are original ideas of the authors...

... levels between 40 and 60 as being moderate, crime levels between 60 and 80 as being high and finally crime levels higher than 80 as being very high. The dependent variables are selected based on the availability of country-level data related to predicate offences, which include bribery risk matrix...