Journal of Money Laundering Control: Volume 26 Issue 2

Editorial: Towards meaningful action against proliferation financing

Louis De Koker

Central bank digital currency research around the world: a review of literature

Peterson K. Ozili

The purpose of this paper is to gain some insight into central bank digital currency research by reviewing the recent advances in central bank digital currency (CBDC) research in…

The effect of social and intellectual capital on fraud and money laundering in Iraq

Mahdi Salehi, Hasanain Ali Mohammed Al-Msafir, Saeid Homayoun, Grzegorz Zimon

This study aims to assess the relationship between intellectual and social capital and financial statement fraud and money laundering of Iraqi firms before and after the emergence…

Presenting a legal and regulatory analysis of the United Arab Emirates’ past, present and future legislation on combating money laundering (ML) and terrorist financing (TF)

Mohammed Ahmad Naheem

This paper aims to study the three levels of anti-money laundering (AML) and combating of terrorist financing (CTF) regulations that apply to banks and financial institutions…

Combating the crimes of money laundering and terrorism financing in Nigeria: a legal approach for combating the menace

Olusola Joshua Olujobi, Ebenezer Tunde Yebisi

This study aims to investigate the Federal Government’s failure to combat money laundering and terrorism financing and the various hurdles to enforce the Money Laundering…

Integral representation method based efficient rule optimizing framework for anti-money laundering

Tamás Badics, Dániel Hajtó, Kálmán Tornai, Levente Kiss, István Zoltán Reguly, István Pesti, Péter Sváb, György Cserey

This paper aims to introduce a framework for optimizing rule-based anti-money laundering systems with a clear economic interpretation, and the authors introduce the integral…

How money laundering (ML) affects the loan portfolio quality of Islamic banks?

Ijaz Hussain Shah, Kinza Aish, Islam Kashif

This research aims to examine the impact of money laundering (ML) and corruption on the asset quality of conventional and Islamic banks.

Can Latin America AML effectiveness impact corruption prevention?

Sarahí Cruz Salazar, Marcio Adriano Anselmo

The purpose of this paper is to analyze the effectiveness of the Financial Action Task Force (FATF’s) recommendations in Latin America in the fight against Money Laundering (ML…

Current developments in money laundering and terrorism financing

Fabian Maximilian Johannes Teichmann

Whilst the existing literature focuses on developing prevention mechanisms for banks, this paper aims to demonstrate the ongoing feasibility of money laundering and financing…

Financial intelligence (monitoring) of the transactions with virtual assets: new legislation and best practices of foreign countries

Maryna Utkina, Roman Samsin, Maksym Pochtovyi

This paper aims to illustrate how virtual assets are used in such criminal offenses as money laundering and seeks to study the role of financial intelligence (monitoring) of…

Compliance determinants of anti-money laundering regime among professional accountants in Malaysia

Masetah Ahmad Tarmizi, Salwa Zolkaflil, Normah Omar, Suhaily Hasnan, Sharifah Nazatul Faiza Syed Mustapha Nazri

Money laundering offences occur worldwide, with recent discussions involving issues related to the low levels of compliance among professional accountants towards the anti-money…

Accountability in anti-money laundering – findings from the banking sector in Finland

Juuli Juntunen, Henri Teittinen

The purpose of this study is to explore how the banking industry seeks to prevent money laundering and how the phenomenon is reflected in practice in the daily work of bank…

A critical analysis of the anti-money laundering legal and regulatory framework of Mauritius: a comparative study with South Africa

Ambareen Beebeejaun, Lubnaa Dulloo

Indeed, the value of money laundering globally is between 2% and 5% of the world’s gross domestic product, which represents $800bn to $2tn per year. There is therefore a dire and…

Financial crimes in the real estate sector in Austria, Germany, Liechtenstein and Switzerland

Fabian Maximilian Johannes Teichmann

The purpose of this paper is to demonstrate how criminals commit financial crimes in the real estate business in Austria, Germany, Liechtenstein and Switzerland.