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Article
Publication date: 29 November 2023

Hussain Syed Gowhor

This study aims to evaluate the suspicious transaction reporting (STR) as a financial intelligence tool to identify the potential strengths and limitations of STR and to come up…

Abstract

Purpose

This study aims to evaluate the suspicious transaction reporting (STR) as a financial intelligence tool to identify the potential strengths and limitations of STR and to come up with the criteria, which will make this tool an effective one in early detection of terrorist financing activities.

Design/methodology/approach

Considering the research aim, this research uses the funnelling method for identifying effectiveness criteria. Funnelling is a method of literature review that helps find pertinent literature by refining the search through filtering the available research (Ridley, 2008). Using this method, the researcher first applied the criteria of actionable intelligence to filter the financial intelligence tools to select the most promising and important tool (suspicious transaction reporting) for early detection of terrorist financing activities. The funnelling method was also applied to derive the effectiveness criteria from the operational features, and corresponding limitations, of the suspicious transaction reporting system. The funnelling method was also used to identify those operational features and limitations of suspicious transaction reporting that have the most direct relevance to the early detection problem of suspicious transaction reporting.

Findings

There are some operational features of STR that give rise to certain limitations that undermine its effectiveness in terms of early detection of terrorist financing activities. The limitations of STR necessitate a search for criteria that will make STR effective in early detection of terrorist financing activities. Based on the operational features and their corresponding limitations, effectiveness criteria for STR have been derived in this study. It is shown how these effectiveness criteria can remove the limitations of STR.

Research limitations/implications

The list of operational features and the corresponding limitations based on which the effectiveness criteria have been derived may not be exhaustive. There may have other operational features, and corresponding limitations that also make STR largely ineffective in the early detection of terrorist financing activities, and for which more effectiveness criteria should also be derived.

Practical implications

The limitations and the effectiveness criteria will pave the way for redesigning STR in such a way that will make it highly useful for detecting financing activities relating to imminent terrorist attacks.

Social implications

The society will experience fewer terrorist attacks that will make the society peaceful, happy and vibrant.

Originality/value

In this study, the effectiveness criteria of STR for early detection of terrorist financing activities have been derived in an innovative way by deducing them from the operational features of STR and the corresponding limitations.

Details

Journal of Financial Crime, vol. 31 no. 6
Type: Research Article
ISSN: 1359-0790

Keywords

Article
Publication date: 2 October 2024

Saad Alshamari, Stephen L. Shapiro and Ryan Dastrup

The aim of the present study was to examine if interest in the 2022 World Cup and planned engagement in the pre-Qatar World Cup programming influenced both current and future…

Abstract

Purpose

The aim of the present study was to examine if interest in the 2022 World Cup and planned engagement in the pre-Qatar World Cup programming influenced both current and future informal and formal physical activity.

Design/methodology/approach

Data were gathered using a survey conducted eight months prior to the World Cup, analyzing responses using four 2 × 2 analysis of variance (ANOVA) models. These models assessed the relationship between interest in the World Cup and planned engagement in pre-event activities with current and future formal and informal physical activity levels.

Findings

The findings of the current study suggest that engagement in sport programming pre-World Cup did not moderate the relationship between interest and physical activity. Engagement appears to play a direct role in physical activity, aligning with engagement theory, whereas interest plays a more direct role in spectator consumption. This highlights the importance of programming initiatives in enhancing physical activity, which is a critical aspect of the social impact of sport mega-events.

Research limitations/implications

This study only focused on the residents of Qatar, and it may not be applicable to the future residents and location of the World Cup. Thus, further research should be conducted to see if this phenomenon can be observed and will exist in other host countries as well as with other sport mega-events. Additionally, our study was quantitative; it is suggested to perform a qualitative or mixed methods approach with a large sample size to obtain a more descriptive analysis that adds more depth to the connection between interest, engagement and physical activity of hosting a sport mega-event.

Practical implications

The study’s implications suggest that host countries and event organizers can significantly impact residents’ physical activity by creating environments and opportunities that align with their intrinsic needs for competence, autonomy and relatedness. For host countries and event organizers, these findings underscore the importance of pre-event planning, particularly in developing sports infrastructure, facilities and initiatives. Participating in sport programs can reflect positively on the economy by reducing healthcare and social service use, as well as increasing social engagement. Policymakers can leverage these findings to develop comprehensive strategies that promote physical activity in conjunction with sport events.

Social implications

This study highlights the importance of programming initiatives in enhancing physical activity, which is a critical aspect of the social impact of sport mega-events. By leveraging pre-event programming, host countries can address public health concerns and enhance social well-being. The findings suggest a positive relationship between sports programming engagement and increased physical activity among residents, contributing to improved health outcomes and reduced healthcare costs.

Originality/value

The findings of this study will contribute to the literature and advance our knowledge regarding the relationship between hosting a sport mega-event and physical activity participation by understanding pre-event impacts. This research offers valuable insights for event organizers and policymakers, highlighting the importance of fostering environments that motivate active participation and contribute to the long-term health and vitality of communities.

Details

Sport, Business and Management: An International Journal, vol. 14 no. 5/6
Type: Research Article
ISSN: 2042-678X

Keywords

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