Journal of Money Laundering Control: Volume 26 Issue 6

Editorial: The show goes on!

Barry Rider OBE

The phenomenon of trade-based money laundering (TBML) – a critical review in Sri Lankan context

Dinesh Sivaguru, Kamal Tilakasiri

Money laundering (ML) has become a significant challenge all over the world today. Trade-based money laundering (TBML) is a type of ML that poses a hazard to any country. In…

Is the UK’s anti-money laundering regime “worth the candle”? A tentative cost-benefit analysis

Peter Alan Sproat

This paper aims to raise, and consider, first-order questions about the United Kingdom’s anti-money laundering (AML) regime.

Foreign exploration of immature markets and incidence of money laundering

Nadia Hanif, Anam Javaid, Noman Arshed, Abdul Rafay

Money laundering (ML) is the process used to convert the proceeds of crimes into lawful form. This global problem promotes social ills, corruption and organized crimes. Various…

Does capital flight undermine growth: a case study of Pakistan

Malik Fahim Bashir, Taimur Khan, Yasir Bin Tariq, Muhammad Akram

This study aims to estimate the magnitude of capital flight from Pakistan. Furthermore, it analyzes the impact of capital flight on the economic growth of Pakistan in the short…

Anti-money laundering regulation of cryptocurrency: UAE and global approaches

Tareq Na’el Al-Tawil

The purpose of this paper is to provide a high-level analysis of the intersection emerging cryptocurrency sector with anti-money laundering (AML) regulations and risk-based AML…

Changes in credit score, transaction volume, customer characteristics, and the probability of detecting suspicious transactions

Endre J. Reite, Are Oust, Rebecca Margareta Bang, Stine Maurstad

This study aims to use a unique customer-information data set from a Norwegian bank to identify how small changes in firm-specific factors correlate with the risk of a client…

The South African non-profit sector and its vulnerabilities to economic crime

Bernice Bissett, Philip Steenkamp, Duane Aslett

In a post-pandemic society, non-profit organisations (NPOs) have become vital. A safe environment for such organisations to function in is therefore important. In spite of efforts…

Preempting fraud: a financial distress prediction perspective on combating financial crime

Khaled Halteh, Milind Tiwari

The prevention of fraudulent activities, particularly within a financial context, is of paramount significance in all spheres, as it not only impacts the sustainability of…

Digitalization and money laundering: the moderating effects of ethical behaviour of firms and corruption

Imen Khelil, Anis El Ammari, Mohamed Amine Bouraoui, Hichem Khlif

This paper aims to investigate the relationship between digitalization and money laundering and tests whether ethical behaviour of firms and corruption moderate this association.

Crypto-asset market development: the role of country’s institutional quality

Blanka Škrabić Perić, Ana Rimac Smiljanić, Ivana Jerković

Crypto-asset can be traded on many different exchanges worldwide with servers located in countries with different financial characteristics and institutional surroundings. Trading…

The role of information sharing in combating money laundering: the importance and challenges of mutual legal assistance for developing jurisdictions like Pakistan

Nasir Sultan, Norazida Mohamed

The study aims to explore the challenges of developing jurisdictions like Pakistan in achieving significant mutual legal assistance from the international community, especially…

Acquiring an awareness of the latest regulatory developments concerning digital assets and anti-money laundering

Mohammad Belayet Hossain

The purpose of this study is to analyze the anti-money-laundering (AML) policies in place around the world for digital assets and cryptocurrencies.