Begins with the undoubted benefits of suspicious activity reports (SARs) in identifying and indicting terrorist financing schemes and detecting money laundering trends like abuse of telephones card sales and money order transmitters; but comparative analysis of anti‐money laundering efforts in...

Divides into two sections: the US response, and international and multilateral efforts. Describes Executive Order 13224, issued by President Bush after 11 September 2001; this expanded the list of designated terrorist organisations, and obliged all persons to block or freeze terrorist assets....

Considers how much terrorist financing is done through banks; information is scarce. Outlines the typologies of terrorist funding issued by the Joint Money Laundering Steering Group (JMLSG) and the Financial Action Task force (FATF): donations based on the zakat, and criminality in the forms of...

Summarises UK legislation, including the duty to disclose information regarding the main offence, obtaining information and evidence by search and seizure, customer information orders, and account monitoring orders; and control of terrorist cash, including modes of control ‐ seizure,...

Discusses the new section inserted by the Anti‐Terrorism, Crime and Security Act 2001 in the Terrorism Act 2000, which imposes an obligation of disclosure on a person who, in the course of his business in the regulated sector, has reason to suspect that an offence has been committed under the...

Deals with the impact of anti‐terrorism initiatives on the operational areas of investigation and enforcement. Focuses first on investigation powers, such as power to restrain terrorist property, obtain a search warrant, require production and access to particular material and an explanation,...

Reviews the progress of the measures against terrorism, a task hugely accelerated since the attacks of September 11. Outlines the US President’s power as expressed in the Executive Order on 24 September 2001; this was global in scope, and was targeted at terrorist financing and all associated with...

Presents a view on the war on terror from the perspective of a small country, the Bahamas, which is an offshore financial centre. Recounts the dispute between the Financial Action Task Force and the Caribbean Financial Task Force over the former’s “naming and shaming” report in June 2000...

Focuses on the features of some countries that make them more likely to offer money laundering services, arguing that these tax havens are structurally different from other countries: they lack significant resources for trading internationally, which pushes them to generate income through a lax...

Discusses the sharing of assets confiscated from money launderers by the nations that cooperate against the laundering practice, with special reference to Canada’s approach. Examines what the Financial Action Task Force and international conventions say on this subject. Reviews the fairly...