Journal of Money Laundering Control: Volume 26 Issue 3

Editorial: The use of artificial intelligence in fighting financial crime, for better or worse?

Financial fraud detection: the use of visualization techniques in credit card fraud and money laundering domains

This paper aims to reviews the literature on applying visualization techniques to detect credit card fraud (CCF) and suspicious money laundering transactions.

Money laundering through exchange offices

The purpose of this paper is to illustrate how money launderers circumvent compliance measures by using exchange offices to launder incriminated funds.

Regulated sector professionals and reporting suspicion of money laundering: is it a disproportionate burden?

The purpose of the research paper is to determine the efficiency of all crimes approach, their relationship with a risk-based approach and the consequences on regulated sector…

Using graph database platforms to fight money laundering: advocating large scale adoption

This paper advocates the use of graph database platforms to investigate networks of illicit companies identified in money laundering schemes. It explains the setup of the data…

Challenges faced by financial institutes before onboarding politically exposed persons in undocumented Eastern economies: a case study of Pakistan

This study aims to evaluate and investigate the existing process of establishing a banking relationship with politically exposed persons.

Money laundering – the gold method

The purpose of this paper is to demonstrate how illicit funds are laundered by using the gold method in German-speaking European countries.

A qualitative study exploring challenges in money laundering investigations

This study aims to investigate the behavior of investigating officers in performance of their official duties of conducting inquiries and investigations of money laundering cases…

Money laundering risk judgement by compliance officers at financial institutions in Malaysia: the effects of customer risk determinants and regulatory enforcement

This paper aims to provide an empirical analysis of the effects of regulatory enforcement and customer risk determinants on money laundering risk judgment. The study further…

The effect of corporate lobbying on fraud and money laundering

This study aims to assess the effect of corporate lobbying power on fraud and money laundering in listed firms on the Tehran Stock Exchange. For the study, the information of 173…

Trinidad and Tobago and money laundering control: a country committed to strengthening the link

In 2008, the author wrote on the Concept of “Money Laundering Control: The Missing Link in Trinidad and Tobago. Now, approximately two years after that seminal assessment, the…

Crime scripting the criminal activities of money laundering – holistically

This paper aims to demonstrate the benefit of applying crime script analysis at a macro level to expose money laundering as an interconnected series of events that contradict…

Third-party and creditor rights: provisional attachment under §5 of the Indian PMLA, 2002

The purpose of this paper is to consider the effect of the Prevention of Money Laundering Act (PMLA), 2002 on the property rights of third parties, by evaluating whether the…

Plea bargain dilemma, financial crime and asset recovery

This paper aims to debate moral and legal dilemma embedded with plea bargaining (PB) and raises a question whether the approach of “PB” is a viable tool to tackle financial crimes…

Developing a laundered funds destination theory: applying the Walker–Unger gravity model to US-based money launderer country preference from 2000 to 2020

Although economists and academics have studied money laundering for several decades, there continues to be gaps in the research due to a lack of reliable data on money laundering…

Challenges resulting from hawala banking for anti-money laundering and anti-terrorist financing policies of Swiss banks

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…