Purpose – This paper aims to analyze the monetary consequences of the new restrictions imposed in February 2000 by the Financial Action Task Force (FATF) on money laundering. FATF established 25 criteria based on its 40 recommendations (currently 49) to combat money laundering and the...

Purpose – The purpose of this paper is to study the impact of terrorist actions and money laundering on capital accumulation and consumption. Design/methodology/approach – The paper builds a general equilibrium model that considers the existence of two representative agents: a terrorist and...

Purpose – The purpose of this paper is to highlight to lawyers the need for concern about the source or destination of their clients' wealth, in light of the serious legal implications. Design/methodology/approach – An analysis of the Jamaican legislation dealing with money laundering,...

Purpose – The purpose of this paper is to examine money laundering generally and the response of one jurisdiction, the Philippines, to international pressure for anti‐money laundering measures. Design/methodology/approach – Money laundering is examined and described. The source of...

Purpose – The paper seeks to share the money laundering threats that ensue from current patterns in international criminal activity and the anti‐money laundering compliance work that is put up at the Malta Stock Exchange (MSE). Design/methodology/approach – The paper sets out by sketching...

Purpose – To provide an alternative viewpoint about the issues surrounding money laundering. Design/methodology/approach – The paper combines narrative with argument and analysis in an attempt to deconstruct and re‐evaluate the reasons why international money laundering legislation has...

Purpose – The second part of a series that aims to provide an alternative viewpoint about the issues surrounding money laundering. Design/methodology/approach – The paper combines narrative with argument and analysis to look closely at how the present state of the money laundering laws which...

Purpose – The aim of this research paper is to discuss the crucial difference between financial offshores and fiscal offshores. Design/methodology/approach – The paper combines narrative with argument and analysis. Findings – It is shown that the decision of a few countries and territories...

Purpose – To examine the criminal laws and regulations on money laundering control in China and Hong Kong and to call for legal and institutional reforms in China. Design/methodology/approach – This paper provides a comparative analysis and critically reviews the laws and regulations on...

Purpose – This paper aims to discuss the issues about the recovery of the proceeds of crime, with emphasis on the USA situation. Design/methodology/approach – The paper first sets forth the rationale for Section 981(k) of the Patriot Act and the requirements the government must satisfy to...