Journal of Money Laundering Control: Volume 27 Issue 5

Editorial: When the FATF comes calling

Peter German

The magnitude and consequences of money laundering

Sadia Nazar, Abdul Raheman, Muhammad Anwar ul Haq

This study aims to estimate the amount of money laundering (ML) with multiple proxy approaches and measure the effects of ML on various indicators of the economic and financial…

Money laundering and terrorist financing risks and democratic governance: a global correlational analysis

Amidu Kalokoh

This paper aims to examine the association between money laundering (ML)/terrorist financing (TF) risks (hereafter, money laundering risks) and democratic governance across 117…

Determinants of effective Shariah compliance auditing in Palestine: a theoretical and conceptual analysis

Mustafa Faza', Nemer Badwan, Montaser Hamdan

This study aims to conduct a review and analysis of the literature on Shariah audit compliance by examining the difference between internal and external auditors, the scope of…

An analysis of the determinants of money laundering in the United Arab Emirates (UAE)

Mariam Aljassmi, Awadh Ahmed Mohammed Gamal, Norasibah Abdul Jalil, K. Kuperan Viswanathan

It is widely argued that money laundering (ML) is not a new phenomenon and the pervasiveness of ML is associated with some severe economic, social and political costs. Due to the…

Prevention and control of money laundering crimes on know your customer principles application: empirical study of Indonesia banking sector

Meiryani

The purpose of this paper is to find out the role and factors that lead to efforts by banking institutions to deal with money laundering by using the principle of knowing your…

A comparative analysis of the FIUs and FATF compliance of Canada, Australia, The Netherlands and India

Durgesh Pandey

This paper aims to analyse the Financial Intelligence Units (FIUs) of Canada, Australia, The Netherlands and India, focussing on key internal and external processes, such as the…

The economic consequences of money laundering: a review of empirical literature

Imen Khelil, Hichem Khlif, Imen Achek

The purpose of this study is to provide a timely synthesis of the empirical literature focusing on the economic consequences of money laundering, as this topic has been gaining…

Willingness to pay for insurance against mobile money fraud: evidence from Ghana

Rebecca Nana Yaa Ayifah, Adriana Apawo Adda

The rapid growth of the mobile money industry has been matched by a rise in mobile money fraud. The technology required to apprehend perpetrators of such fraud is nonexistent in…

Functioning of the register of beneficial owners: findings from Poland

Tomasz Michał Matras

The implementation of the Directive 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of…

Capital flight, institutional quality and real sector in sub-Saharan African countries

Taiwo Akinlo, Busayo Olubunmi Aderounmu

This study aims to provide an empirical investigation into rising capital flight and the role of institutional quality to mitigate its effect on the real sector in sub-Saharan…

Oil rent, corruption and economic growth relationship in Nigeria: evidence from various estimation techniques

Joseph David, Awadh Ahmed Mohammed Gamal, Mohd Asri Mohd Noor, Zainizam Zakariya

Despite the huge financial resources associated with oil, Nigeria has consistently recorded poor growth performance. Therefore, this study aims to examine how corruption and oil…