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The Special Session of the General Assembly of the United Nations Devoted to Countering the World Drug Problem Together (commonly referred to as the World Drug Summit) was held in New York on 8th‐10th June, 1998. Many presidents, prime ministers and heads of state attended the sessions. Several meetings of representatives of non‐governmental organisations and activists dealing with special subjects preceded, or were held simultaneously with; the sessions. The World Drug Summit adopted a political declaration; a declaration on the guiding principles of drug demand reduction; and measures in relation to five specific areas to enhance international cooperation to counter the world drug problem.

Outlines the special recommendations of the October 2001 meeting on terrorist financing, which complement the 40 Recommendations of the Financial Action Task Force (FATF), and the resulting FATF plan of action; they included ratification and implementation of UN instruments, criminalising the financing of terrorism and associated money laundering, freezing and confiscating terrorist assets, reporting suspicious transactions related to terrorism, international cooperation, alternative remittance systems, wire transfers, and non‐profit operations. Deals with the background problems: the vulnerability to money laundering in the securities and futures markets and businesses, concerns about anonymity and custodial accounts, the global anti‐money laundering guidelines for private banking issued in October 2000 by the ten major international private banks in Wolfsberg, and the responsibility of capital market regulators in the fight against money laundering and terrorism.

The purpose of this paper is to provide an overview of the salient legislative provisions aimed at curbing financial and economic crime.

The paper presents an analysis of financial and economic crime in Sri Lanka.

The paper underlines the practical limitations in enforcing the laws and regulations and highlights the need for political will, allocation of resources for law enforcement, capacity building within enforcement agencies and international cooperation as essential conditions for effective law enforcement.

Sri Lanka's experience suggests both what is possible as well as not possible to deal with terrorism using law as a tool.

The purpose of this paper is to articulate why money laundering is a matter of concern for stock market operations. It examines how anti‐money laundering efforts contribute to good governance and, conversely, how good governance measures themselves help promote anti‐money laundering efforts.

This review examines issues and concerns from a theoretical perspective and, based on some of the governance problems that have led to the collapse of various corporations, it examines how good governance can make a difference.

The paper proves that good governance norms and practices can influence the further development and refinement of anti‐money laundering and terrorist financing regimes and their effective implementation. Likewise, compliance with anti‐money laundering and terrorist financing regimes can help create an environment conducive to the achievement of good governance norms and practices.

Noting that very little empirical research has been done so far on the issue of money laundering in the context of stock market operations, the paper suggests that researchers should accord more attention to this subject.

The paper sheds light on an important area that has not been the subject of previous research studies and points to the importance of qualitative research in promoting a culture of stable and compliant capital markets.

The purpose of this paper is to describe how corporate responsibility, at the best of times, is taken for granted, and at the worst of times, becomes a much maligned concept.

Describes how the regulatory landscape is rapidly changing and outlines several conditions that must exist or be achieved to ensure the stability of financial institutions through a better system of regulation and monitoring and rapid intervention, where intervention is called for.

There is a need for greater clarity as to the role of auditors and as to the expectations of regulators.

Highlights how, for regulators, auditors and stakeholders, the issue of the role of auditors in a changing regulatory climate is an important subject that deserves special consideration.