Journal of Money Laundering Control: Volume 24 Issue 4

Editorial

Implementation of the personal data minimization principle in financial institutions: Lithuania’s case

The purpose of this paper is to assess such processing of personal data for identification purposes from the point of view of the principle of data minimisation, as set out in the…

The anti-money laundering expectations gap in Iran: auditor and judiciary perspectives

This study aims to compare judicial and auditor expectations of audit in the detection and reporting of money laundering in Iran. It also aims to assess the implications of…

Refocusing designated non-financial businesses and professions on the path of anti-money laundering and combating the financing of terrorism compliance

Designated non-financial businesses and professions (DNFBPs) are important actors both in the formal and informal sectors owing to the nature of services they offer. The DNFBPs…

The regulation of virtual currencies in comparative perspective: new private money or niche technological innovation?

This paper aims to situate virtual currencies (VCs) in a landscape of regulatory questions that help orient the direction and purpose of a possible legal approach, vis-à-vis this…

The concept of money laundering: a quest for legal definition

This paper aims to focus on the concept of money laundering and explores the evolution and expansion of criminalization of predicate offences to the money laundering within the…

The Double Irish and Dutch Sandwich strategies and tax avoidance in Mauritius

The purpose of this paper is to analyze the Double Irish and Dutch Sandwich (DIDS) tax schemes used by international companies. Companies using these schemes are enabled to…

The financial action taskforce and money laundering: critical analysis of the Panama papers and the role of the United Kingdom

This paper aims to study the effectiveness of the implementation of the Financial Action Task Force (FATF) recommendations in the UK in an attempt to combat the laundering of…

The role of the Palestine monetary authority in combating money laundering

This paper aims to highlight the role of the Palestine Monetary Authority (PMA) in combating money laundering. The discussion will focus on the sectors under the PAM authority by…

Cryptocurrencies and financial crime: solutions from Liechtenstein

The purpose of this paper is to illustrate how cryptocurrencies are being used as a vehicle for financial crime (such as money laundering, terrorist financing and corruption) and…

An exploration of the current regulatory aspects of money laundering in South Africa

Money laundering activities were allegedly rampant and poorly regulated in the South African financial markets and financial institutions prior to 1998. In other words, prior to…

Recouping proceeds of corruption: is there any need to reverse extant trends by enacting civil forfeiture legal regime in Nigeria?

The aim of this study is to investigate how Nigeria can seek legal assistance on recovery of its stolen assets to reduce corruption and to ensure no sheltered havens for incomes…

Analysis of Bahrain’s anti-money laundering (AML) and combatting of terrorist financing (CTF) practices

This paper aims to examine the level of anti-money laundering (AML) and combatting terrorist financing (CTF) practices incorporated within the legal framework of the Kingdom of…

Dampening corruption and money laundering: emissions from soft laws

The purpose of this paper is to bring to the fore that soft laws should be taken very seriously because they have demonstrated their importance in helping to reduce corruption and…

Money laundering in the modern crime system

This paper aims to study the role of money laundering in the system of modern crime.

The anti-money laundering law in Tanzania: whither the ongoing “war” against economic crimes?

This paper aims to explore the evolution of the law for combating economic crimes including money laundering in Tanzania and explore the current developments in the anti-money…