Arbitration

Arbitration

"This collection of papers results from the proceedings of the 2002 Annual General Meeting of the ICC Institute of World Business Law."--Introd.

Author: Kristine Karsten

Publisher: Icc Pub

ISBN: STANFORD:36105063751288

Category: Law

Page: 190

View: 708

"This collection of papers results from the proceedings of the 2002 Annual General Meeting of the ICC Institute of World Business Law."--Introd.
Categories: Law

Combating Money Laundering in Africa

Combating Money Laundering in Africa

This insightful book critically explores the political, constitutional, legal, and economic challenges of effectively combating the laundering of the proceeds of crime by politically exposed persons (PEPs) in Africa.

Author: John Hatchard

Publisher: Edward Elgar Publishing

ISBN: 9781789905304

Category: Law

Page: 328

View: 261

This insightful book critically explores the political, constitutional, legal, and economic challenges of effectively combating the laundering of the proceeds of crime by politically exposed persons (PEPs) in Africa.
Categories: Law

Implementation of State Anti Corruption and Anti Money Laundering Policy in the EU Member States

Implementation of State Anti Corruption and Anti Money Laundering Policy in the EU Member States

Drawing on the experience of EU countries through a comparative analysis of the rules and procedures for structuring public administration policy, this work proposes developing recommendations to strengthen the Ukrainian anti-money ...

Author: Michele Sciurba

Publisher: Edition Faust

ISBN: 9783945400630

Category: Law

Page: 168

View: 673

Money laundering schemes are constantly evolving, which requires public authorities to constantly up-date their knowledge and implement state-of-the-art measures to combat corruption. The monograph demonstrates how the Ukraine can improve its implementation of FATF recommendations to fight money laundering and corruption and how it can better organize the mechanisms of state regulation and the monitoring of financial activities. This monograph offers a new approach to implementing an anti-corruption strategy in Ukraine and suggests how the fight against corruption within government can be streamlined using modern methods and a risk-based approach. Drawing on the experience of EU countries through a comparative analysis of the rules and procedures for structuring public administration policy, this work proposes developing recommendations to strengthen the Ukrainian anti-money laundering and corruption policy. Corruption remains a widespread problem at various levels within Ukrainian public administration and it has significantly weakened public confidence in government and in the judicial system. In an international comparison of corruption in 180 countries, Ukraine ranks 130th, making it one of the most corrupt countries in the world. At the same time, Ukraine has an AML/CTF legal administrative framework in place that largely meets the current formal requirements of the FATF. The Ukraine has implemented AML and anti-corruption measures under the Council of Europe's Moneyval monitoring mechanism. In addition, Moneyval has been an associate member of the FATF since 2006. The National Bank of Ukraine (NBU) practices risk-based banking supervision and has made significant progress in creating transparency regarding the beneficial ownership of banks. In recent years, Ukraine has consistently removed criminal owners from the banking sector and established an efficient sanction regime in response to breaches of legal obligations, including the withdrawal of banking licenses. Furthermore, the establishment of a unified state register for beneficial ownership allows authorities to identify banking clients. In terms of mutual legal assistance on money laundering and corruption, the Ukraine has also made significant progress. Ultimately, the Ukrainian AML/CTF framework has been refined significantly in recent years. Today, there is a clear understanding of money laundering and terrorist financing risks in Ukraine both at the administrative level and at the level of the supervisory authorities. As a result, far-reaching legislation has been established. Nevertheless, this development cannot hide the fact that money laundering via shell companies is still part of everyday life in Ukraine. The Ukrainian criminal justice system continues to be heavily influenced by corruption and has failed to effectively combat it. Ukrainian cross-border prosecution of money laundering offences, in particular the confiscation of proceeds of crime in other countries, is ineffective due to a lack of experience and the absence of legislation spelling out direct areas of responsibility and formal procedures. Finally, a central problem is the lack of confiscation orders which impedes the efficient prosecution of corruption and money laundering.
Categories: Law

Corruption and Money Laundering

Corruption and Money Laundering

Through a policy and legal analysis, this book shows how corruption facilitates money laundering, and vice versa.

Author: D. Chaikin

Publisher: Springer

ISBN: 9780230622456

Category: Political Science

Page: 234

View: 617

Through a policy and legal analysis, this book shows how corruption facilitates money laundering, and vice versa. Furthermore, it demonstrates specifically how the responses developed to combat one type of financial crime can productively be employed in fighting the other.
Categories: Political Science

Economic and Financial Crime

Economic and Financial Crime

This book deals with the widespread economic and financial crime issues of corruption, the shadow economy and money laundering.

Author: Monica Violeta Achim

Publisher: Springer Nature

ISBN: 9783030517809

Category: Social Science

Page: 286

View: 566

This book deals with the widespread economic and financial crime issues of corruption, the shadow economy and money laundering. It investigates both the theoretical and practical aspects of these crimes, identifying their effects on economic, social and political life. This book presents these causes and effects with a state of the art review and with recent empirical research. It compares the international and transnational aspects of these economic and financial crimes through discussion and critical analysis. This volume will be of interest to researchers and policy makers working to study and prevent economic and financial crime, white collar crime, and organized crime.
Categories: Social Science

Clean Money Dirty Money

Clean Money  Dirty Money

Author: Transparency International

Publisher:

ISBN: OCLC:57681535

Category: Financial institutions, International

Page: 52

View: 917

Categories: Financial institutions, International

Mali Technical Assistance Report Anti Corruption and Anti Money Laundering

Mali  Technical Assistance Report Anti Corruption and Anti Money Laundering

Mali can improve the compliance of its AML/CFT framework with the FATF Recommendations by taking internal measures consistent with the West African Economic and Monetary Union directive.

Author: International Monetary Fund. Legal Dept.

Publisher: International Monetary Fund

ISBN: 9781513531243

Category: Business & Economics

Page: 55

View: 515

This paper discusses key finding of the Technical Assistance Report on Anticorruption and Anti-money Laundering in Mali. The report suggests that the adoption and effective implementation of an Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) framework compliant with the Financial Action Task Force (FATF) Recommendations would support the fight against corruption in Mali. Mali can improve the compliance of its AML/CFT framework with the FATF Recommendations by taking internal measures consistent with the West African Economic and Monetary Union directive. Mali can also work for the adoption of a regional AML/CFT framework consistent with the requirements of the FATF.
Categories: Business & Economics