Journal of Financial Crime: Volume 20 Issue 2

Corruption: delving into the muddy water through the lens of Islam

Siti Faridah Abdul Jabbar

The purpose of this paper is to examine corruption from the perspective of Islam.

Fannie Mae and Freddie Mac: a case study in the politics of financial reform

Muhammad Islam, Neil Seitz, James Millar, James Fisher, James Gilsinan

The desirability of financial reform to avoid another financial melt‐down is widely accepted, but the likelihood of reform is uncertain. The purpose of this paper is to present a…

An exploration of extortion

Denis Osborne

The purpose of this paper is to distinguish between bribes demanded (extortion) and bribes offered (enticement); to indicate the causes of extortion and its consequences; and to…

Affinity fraud and trust within financial markets

Keith Blois, Annmarie Ryan

The purpose of this paper is to illustrate how a financial fraud which originates as an affinity fraud can utilise the interpersonal trust, which is a central feature of an…

Blending fairness and efficiency: An analysis of its desirability in the context of insider trading laws in Australia

Afroza Begum

The regulatory approach to insider trading (IT) in Australia is premised on a “blend” of fairness and efficiency which has generated an important controversy. The study aims to…

Aftermath of the VAT fraud on carbon emissions markets

Marius‐Cristian Frunza

The purpose of this paper is to recognize the effect of the VAT fraud upon the market prices and to assess the occurrence of money laundering on the carbon emissions market. The…

A critical examination of the legislative response in banking and financial regulation to issues related to misconduct in the context of the crisis of 2007‐2009

Graeme Baber

The purpose of this paper is to summarise and critically assess the legislative response in banking and securities regulation to the determinants of the financial crisis.

When Chinese whispers become shouts!

Barry Rider