Journal of Money Laundering Control: Volume 7 Issue 4

Periodic account activity and automated money laundering detection

Carl Young

Introduces the use of account activity relative to client peer groups as a means of identifying unusual behaviour, as part of money laundering detection; assumptions can be made…

Macau casinos and organised crime

Angela Veng Mei Leong

Presents research into how casinos in Macau, the “Monte Carlo of the Orient”, link with organised crime. Outlines the research methodology, which includes 16 in‐depth interviews…

Recent developments in Taiwan’s anti‐money laundering and anti‐terrorism work

Chi‐Jen Ching

Discusses Taiwan’s achievements in combating money laundering. Outlines the criminal justice system and the 1996 Money Laundering Control Act (MLCA(, which covers the seizure and…

International anti‐money laundering and anti‐terrorist financing: the work of the Office of the Superintendent of Financial Institutions in Canada

Nicolas W. R. Burbidge

Focuses on the work of Canada’s Office of the Superintendent of Financial Institutions (OSFI( in relation to international cooperation against money laundering and terrorism…

Compliance and reporting issues arising for financial institutions from money laundering regulations: a preliminary cost benefit study

Jackie Harvey

Explores views on the costs and benefits of financial institution compliance with money laundering regulations as a precursor to a full cost benefit study. Notes that there is…

Regional externalities and direct effects of legislation against money laundering: a test on excess money balances in the five Andean countries

Michele Bagella, Leonardo Becchetti, Massimo Lo Cicero

Describes the research methodology used by EEC team studying anti‐money laundering legislation in the five Andean Pact member states: Bolivia, Colombia, Ecuador, Peru and…

A survey of money laundering reporting officers and their attitudes towards money laundering regulations

Laurence Webb

Assesses the approach of London’s city banks towards the UK money laundering regulations, based on interviews with their Money Laundering Reporting Officers (MLROs(; the questions…

Banking secrecy and money laundering

He Ping

Addresses the conflict between banking secrecy and the fight against money laundering. Looks back at the origins of banking secrecy in the Swiss havens for German Jews’ money in…