Purpose: The purpose of this paper is to measure anti-money laundering (AML) and counter-terrorism financing (CTF) disclosures by money exchanger providers in the Gulf Cooperation Council (GCC) countries.Design/methodology/approach: We conduct a content analysis on firms’ websites to compare...

This articles examines 2 meanings of the term “rule of law;” the first being absence of lawlessness, and the second being the full range of laws, enforcement, that is described in the World Justice Project. Using those concepts, the article then looks at whether the rule of law, based upon...

Recent research highlights a need for non-financial companies to actively and effectively engage in the combat against money laundering and thereby support the financial sector in the struggle. Furthermore, research emphasize the need to combine anti-corruption and anti-money laundering efforts...

Singapore is now one of the leading financial centres in the world, although the city-state started as a Third World country when independence was imposed on it in 1965. Although some natural conditions such as geographic location which possessed by other international financial centres are also...

This article is part 2 of a series on Rule of Law as it relates to international investment issues. The article describes how the system of bilateral investment treaties and other international investment agreements have created a form of rule of law to protect foreign investors against certain...

Finance has become more a problem than a solution to what the world most wants: socially inclusive growth. It has become a source of crises that threaten the development of the real economy. It has escaped accountability to democratic institutions and often helped, instead, to influence and...

The Judgment of the European Court of Justice (Grand Chamber) of 22 November 2022, ECLI:EU:C:2022:912 in the Joined Cases C-37/20 and C-601/20, WM and Sovim SA v. Luxembourg Business Registers has spurred some strong reactions. According to some, it “will leave fraudsters rubbing their hands...