Purpose The threat of cybercrime is pervasive. Corporations cannot be convinced, out of sheer luck or naïve conviction, that they will remain unaffected. When targeted, the stark reality is that a company also incurs a liability risk. This paper aims to explore the boundaries of liability...

Purpose Through the lens of ethical appreciation, this paper aims to discuss what it means for a company to claim taking responsibility for its supply chain and whether this is a reasonable demand to make by corporations. Design/methodology/approach The place of ethics in economic and...

Purpose The purpose of this paper is to discuss the practical problems which Swiss financial service providers face following the government’s decision to implement economic sanctions. Design/methodology/approach The practical problems of implementation are based on the identified methods of...

Purpose The purpose of this paper is to illustrate threefold how hawala banking poses a problem for Swiss banks implementing anti-money laundering (AML) and anti-terrorist financing (ATF) policies as a fulfilment of Switzerland’s UN commitment. Design/methodology/approach The first author...

Purpose The purpose of this article is to determine how terrorist financiers have continued to exploit hawala banking in German-speaking countries, despite regulations in place to prohibit this. Design/methodology/approach The first author interviewed compliance officers and suspected criminals...

Purpose This study aims to examine the possibility of laundering money through the United Arab Emirates (UAE), the perceived risk and the stark reality. That money laundering prevention mechanisms are being circumvented is evident by reference to the international assessments by the Financial...

Purpose This paper aims to discuss how feasible it is for intelligent criminals to circumvent existing anti-money laundering mechanisms. Design/methodology/approach Based upon ten informal interviews with money launderers and their advisers; 18 formal, semi-standardized expert interviews with...

Purpose: This paper aims to discuss the role of agency theory in combatting bribery in multinational corporations. It is shown how a combination of bonus and malus payments could help to create the right incentives for agency. Design/methodology/approach: Based on the analysis of 15 formal and...

Purpose: The purpose of this paper is to illustrate how criminals launder money in the real estate business in Austria, Germany, Liechtenstein and Switzerland. Design/methodology/approach: A qualitative content analysis of 58 semi-standardized expert interviews with both criminals and...