Reports some recent activities within the Organisation for Economic Cooperation and Development (OECD) which aim to strengthen defences against international economic crime, focusing on offshore financial centres (OFCs) and including cooperation with the Financial Action Task Force. Covers...

Describes the European Union Savings Tax Directive (EUSTD), the latest initiative in a series since the issue of global taxation within the EU emerged in 1996. Traces the EUSTD’s genesis and the reason for its inception: this was to minimise the loss of tax revenues in some member countries by...

Emphasises the global nature of the challenges posed by terrorism, economic crime and subversion; because of this, national law enforcement needs to be aided by regional and international agreements. Mentions the UK’s Crime (International Cooperation) Bill, which will make it easier to...

Focuses on the need to exploit modern technology to fight crime, remembering that information is only data until it is shared ‐ and it needs to be shared quickly and globally. Describes the RECOL initiative of the Royal Canadian Mounted Police; its objective is to give citizens a single entry...

Describes how important the financial sector is in Switzerland, contributing 14% to GDP, while Swiss banks have around 33% of the international asset management market; this makes the country highly exposed to instabilities and to misuse of financial institutions by terrorists. Outlines the...

Considers briefly the global threats to democracy from organised crime, drug trafficking and terrorism. Discusses the differences between terrorists and other criminals, and the increasingly international nature of criminality. Outlines the role of the United Nations, and the stimulus to...

Describes transnational terrorist groups in the Asia‐Pacific region. Outlines the general problems facing cooperation within the East Asia and Oceania region because of its huge size and diversity, and explores regional cooperation in dealing with these criminal and terrorist networks; the...

Examines the continuing obligations regime imposed on listed public companies via the United Kingdom Listing Authority’s Listing Rules, and how far this protects a company’s shareholders against, for instance, financial misconduct by the company directors. Discusses each of the obligations:...

Examines in detail the various international, legal, policy and institutional principles to deal with money laundering and corruption. Begins with the many United Nations (UN) initiatives: the 1988 Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, 2000 Convention...

Defines hawala, which in Arabic means “transfer”; what distinguishes it from other fund transfer methods is its informality, reliance on trust and networks, and lack of records. Describes how it can be used to finance terrorism and launder money, evade tax and so on. Discusses the many...