Journal of Financial Crime: Volume 28 Issue 4

Editorial

Show me the money – managing politically exposed persons (PEPs) risk in UK financial services

The purpose of this paper is two-fold. First, it highlights areas of disconnect between how the financial services sector in the UK approaches the management of politically…

Muddying the waters: when does short selling become market manipulation?

This paper aims to consider “spoofing”, “layering” and “short reports” in the context of market manipulation and, in particular, a recent controversy involving a short-selling…

Tax evasion, corruption and COVID-19 health risk exposure: a cross country analysis

The purpose of this study is to examine the relationship between tax evasion and COVID-19 public health risk exposure in both high-corruption countries and low-corruption…

Mainstreaming whistleblowing as a regulatory mechanism against fraud in Nigeria’s capital market

This paper aims to analyze the importance and application of whistleblowing in the fight against fraud in Nigeria’s capital market.

Illicit enrichment: is reconciliation a prevention of or an invitation to corruption? (The Egyptian example)

This paper aims to explore the offense of illicit enrichment by public officials. It examines whether “reconciliation” could be a preventive measure from corruption or a vehicle…

What Islamic contributions have been made to climate change action and how useful are they in promoting environmental justice?

The purpose of this study is to explore Islamic contributions to discussions on climate change action and environmental justice. The author argues that Islamic approaches to this…

The ILVA disaster: a study of environmental liability in Italy

The purpose of this paper is to propose a reflection on the importance of individual environmental protection, which recognizes the right of every citizen to take action to obtain…

The challenges of countering fraud in Malta’s remote gaming industry

The purpose of this paper is to explore the challenges of countering fraud in Malta’s remote gaming industry.

Audit committees in financial institutions in Saudi Arabia: a dichotomy of perceptions of functional independence and the reporting of financial crime

Audit committees (ACs) have an important role to play in banks in Saudi Arabia in detecting and reporting weaknesses which may make financial crime possible. The Saudi Arabian…

Italy’s Guardia di Finanza: policing financial crime and domestic security in a changing world

This paper aims to examine the many unusual roles played by the Italian Guardia di Finanza (GdF), and how that unique blend of missions sometimes overlaps as much with conceptions…

Conceptualising the interaction among organisational factors towards internal control quality

This paper provides a theoretical foundation and conceptual framework to explain the interactions among risk management (RM), top management support (TMS), and internal audit…

Does the system reward investors for fraud risk? A clinical analysis

The purpose of this study is to show that despite the profound and commendable efforts of the SEC staff and many others in the legal system, aimed at combatting a billion-dollar…

The geographies of corruption in Nigeria: understanding the patterns and correlates

Globally, corruption has been identified as a major problem. Even though corruption is widespread, it varies in magnitude, types and consequences. In Nigeria, corruption is…

CEO compensation, CEO attributes and tax aggressiveness: evidence from French firms listed on the CAC 40

This paper aims to examine the impact of CEO (chief executive officer) compensation and CEO attributes on the level of tax aggressiveness of French companies.

The relationship between financial reporting standards and accounting irregularities: evidence from US banks

The purpose of this paper is to explore whether the choice of International Financial Reporting Standards (IFRS) vs Generally Accepted Accounting Principles (GAAP) is associated…

The dichotomisation fallacy of public and private corruption and the quantification dilemma

This paper aims to examine the concept of corruption and dirty money. Corruption is amorphous and lacks a congruent definition. It is mainly divided into public and private…

Consumer financial fraud in the United Arab Emirates

This paper aims to study the explanatory power of demographics, financial behaviors and financial literacy on instances of consumer financial fraud (CFF) among Emirati households.

Domestic financial liberalization and economic growth nexus: the role of corruption

This study aims to examine the effect of domestic financial deregulation on economic growth in five selected sub-Saharan African nation (SSA). The paper also explored the…

The effect of the imposition of a public reprimand on the stock price of companies in Malaysia

This paper aims to examine the effect of the imposition of public reprimands on the underlying stock prices of companies in Malaysia.

Insider trading in the European Union and in Brazil: a comparison of the essential elements of its definition

The purpose of this study is a comparison of anti-insider trading regulations in the European Union (EU) and in Brazil.

UNCAC aided information sharing (cooperation): an Indian experience

This paper aims to investigate the obstacles to the sharing of information, as envisaged in the United Nations Convention against Corruption (UNCAC), and therefore, its…

Piercing the corporate veil for environmental torts in Mauritius: a comparative study

The corporate veil or veil of incorporation is a legal concept that separates the legal and juristic personality of a company from its members, directors and other stakeholders…

A jurisprudential analysis of the concurrent criminal jurisdiction over cross-border telecom fraud crime

The issue of concurrent jurisdiction over cross-border crimes has become common in a globalizing world, while the rigid compliance with territoriality and active personality…

At what level of corruption does economic growth decrease?

The purpose of this study is to examine the impact of corruption on economic growth by testing the hypothesis that the relationship between these two variables is nonlinear and by…