Journal of Money Laundering Control: Volume 18 Issue 4

“No safe haven”: denying entry to the corrupt as a new anti-corruption policy

This paper aims to provide an overview of the “no safe haven” anti-corruption commitment recently announced by the G20. The essence of this approach lies in denying entry to…

Is it money laundering: Case study of China UnionPay scandal from the perspective of mutual legal assistance on anti-money laundering

This paper aims to, inspired by the media report concerning the misuse of China UnionPay cards, examine the elements of money laundering offence in Macau SAR through a case study…

Is money laundering an ethical issue?

– The purpose of this paper is to describe philosophical positions about money laundering activities, depending on the way one looks at ethics and law.

Money laundering using investment companies

This paper aims to start with the assumption that money laundering through the use of investments will continue to occur and will become increasingly more complex to try and avoid…

Clickjacking: a study on popular websites in India

The purpose of the paper is to assess the precautionary measures adopted by the popular websites in India, and, thus, find out how vulnerable the Indian Web users are to this form…

Documentary credit fraud against banks: analysis of Korean cases

This paper aims to explore the feature and mechanism of a new type of documentary credit fraud that victimizes banks’ issuing letters of credit (L/C), harming neither the importer…

Understanding the costing decisions behind terror attacks – an analytical study

The purpose of this paper is to study the various theories related to low cost terrorist attacks and factors which act as the key determinants to the costing decision. This…

Design and implementation of a capacity development program – experience with combating money laundering and financing of terrorism in Mongolia

This paper aims to share experience in the design and implementation of a two-year capacity development program for combating money laundering and financing of terrorism in…

Shell companies, Latvian-type correspondent banking, money laundering and illicit financial flows from Russia and the former Soviet Union

The paper aims to examine the role played by international shell companies in Latvian-type correspondent banking, who creates the shell companies according to what criteria and…

Trade based money laundering: towards a working definition for the banking sector

This paper aims to explore in depth some of the main criminal elements involved in trade-based money laundering (TBML) and outlines the gaps in banking risk assessment as a result…

Effectiveness of US anti-money laundering regulations and HSBC case study

This paper aims to provide a macro analysis of the USA’s anti-money laundering (AML) legislation. In examining the context and consequences of these regulations, a general…

Editorial