Abstract The argument in this paper is that international lawyers—scholars and practitioners alike—should be cognisant of the fact that different economic distributions within nations will lead to the establishment of different international legal systems in terms of their formation and...

Purpose – The purpose of the paper is to empirically examine the interdependence of income between China and ASEAN‐5 countries by using the real gross domestic product (GDP). Besides answering this important policy question, the paper is also concerned with ascertaining the causal direction...

Purpose – This paper aims to be a “thought piece”. It is not based upon rigorous empirical research supported by focused economic theory. Rather it presents a view of where China is likely to see its economic expansion under a new leadership and at the same time how Egypt could be very...

Purpose – The purpose of this paper is to account for and to justify the UN's recent appeal to “all Member States, intergovernmental bodies, organizations of the United Nations system and relevant non‐governmental organizations […] to ensure a more visible and effective integration and...

Purpose – The purpose of this paper is to describe the emergence of the concept of outstanding universal value and its application from the ancient to modern times culminating with its codification under the auspices of UNESCO in 1972. Design/methodology/approach – The nearly four...

Outlines the special recommendations of the October 2001 meeting on terrorist financing, which complement the 40 Recommendations of the Financial Action Task Force (FATF), and the resulting FATF plan of action; they included ratification and implementation of UN instruments, criminalising the...

Describes the Wolfsberg Principles, which are essentially global anti‐money laundering guidelines for private banking only, and were drafted by 11 banks: Citibank, Morgan, Chase, HSBC, Barclays, Banco Santander Central Hispano, Societe Generale, Deutsche Bank, ABM AMRO, Credit Suisse, and UBS....

Focuses on Guernsey’s financial services industry as an example of a financial intermediary: this includes banks, fund managers, investment advisers, insurance brokers, companies and managers, and fiduciaries like company directors, company service providers and trustees. Describes the...

Reviews past developments in information sharing for securities regulation, including cases where the US Securities Exchange Commission (SEC) initiated investigations into suspicious insider trading in US markets through accounts located outside the USA: the St Joe case, and SEC v Wang & Lee....

Defines terrorism and the problems of agreeing on a definition, citing the Finance of Terrorism Convention, which essentially equates terrorism with politically motivated violence. Extends the emphasis on semantics to describing what it means to “finance” terrorism, again citing the Finance...