...Spyridon Repousis; Petros Lois; Pavlos Kougioumtsidis One of the major findings in the global offshore FDIs network is that offshore financial centers, such as Cyprus, possess a particularly important place both in inward and outward FDI in rapidly developing countries, such as Russia and China...

... laundering depending on the type of a predicate offense. Russia Corruption Fraud Economic crime Drug trafficking Money laundering Crimes against property Predicate crime Modern studies of crime involve the use of methods of systemic analysis for its comprehensive and in-depth analysis...

... the new Russian law on money laundering which brought some changes to the existing system was introduced in Russia in 2002. Even though it has improved the regulation on money laundering greatly, it has failed to efficiently combat terrorism. Overall, the Russian anti-money laundering regime has proved...

...Graham Stack Purpose – The paper aims to examine the role played by international shell companies in Latvian-type correspondent banking, who creates the shell companies according to what criteria and the resulting money laundering operations for financial flows from Russia and the former Soviet...

...Graham Stack Purpose – The purpose of this paper is to describe a platform of interconnected international shell companies operated through Baltic banks, used for trade-based money laundering (TBML) across Russia, Ukraine and other post-Soviet states. Design/methodology/approach...

... services system. Findings The paper found a very strong link between perceived corruption and GDP in two distinct groups of countries – corruption in Russia was closely linked to the GDP of Belarus, Moldova and Russia, while corruption in Lithuania was linked to GDP in Estonia, Latvia, Lithuania...

.... However, limited by a variety of objective and subjective factors, these newly‐updated provisions normally cannot be virtually put into practice. © Emerald Group Publishing Limited 2010 Money laundering Georgia Russia Compliance imbalance and distinction also existed among different...

...Natalya Subbotina Purpose The purpose of this paper is to open a theoretical discussion on the preventive anti‐money laundering (AML) regime, both international and domestic in Russia, building theoretical assumptions on the role of epistemic community in the AML network in Russia. Design...

... of the domestic preventive AML regime in Russia. The formal legislative compliance of the domestic regime with the international standards and norms does not characterize the efficiency of the existing regime. How the AML legislation is applied in practice is the main focus of the analysis. Originality/value...

...Natalya Subbotina Purpose The purpose of this paper is to analyze the domestic anti‐money laundering (AML) regime in Russia in its prevention pillar with the aim to test its compliance with the international standards. Design/methodology/approach The comparative approach is used to analyze...

...Alexandra V. Orlova Purpose The purpose of this paper is to cut through the rhetoric that shrouds Russia's anti‐money laundering regime to uncover the reality that lies beneath. Design/methodology/approach This paper relies on both primary and secondary sources in Russian and English that deal...