Reports briefly the state of money laundering research on the UK; it is not really known how much goes on, but an estimate was made in 1998 that about £2.5 billion was being laundered though the UK financial system. Asks why there have been so few prosecutions: 357 in the years from 1987 and...

Shows how the Securities and Exchange Act and the Racketeer Influenced and Corrupt Organizations Act 1970 (RICO) in the USA impose additional burdens on auditors in the detection of accounting errors, irregularities and fraud, compared with other countries like the UK; this is in addition to the...

Explains why and how lawyers become involved in money laundering schemes. Describes three recent cases of UK solicitors convicted for money laundering ‐ Denis Jebb, Louis Glatt and Noel Horner ‐ and notes that US lawyers are convicted more often than in the UK; this is possibly because in...

Traces the basis for forfeiture of illicit gains from drug trafficking in Iranian law, with special emphasis on the new Bill of Law on Money Laundering in Iran. Outlines the rules for the confiscation of illegal funds or incomes that do not have all the elements of laundering, according to...

Introduces the status of money laundering control in Ukraine: in 2001 the country was placed on the list of Non‐Cooperative Countries and Territories by the Financial Action Task Force, and the authorities pledged to intensify their enforcement efforts. Outlines the new Criminal Code and its...

Highlights the growth of money laundering in Malaysia and the efforts of the Malaysian government to curb it, including the Anti‐Money Laundering Act 2001; Malaysia was named by the US Pentagon as one of the countries through which terrorist funds pass to become legitimate, and the country...