Table of contents
The Thirteenth International Symposium on Economic Crime — Banking on Secrets: The Universal Balancing Act
A unifying theme apparent at this year's Symposium was the need for balance when lifting the veil of bank secrecy: (1) the need to protect civil liberties versus the need to fight…
The Practical and Legal Aspects of Interdicting the Flow of Dirty Money
Barry A.K. RiderThe acquisition of and control over wealth is the motivation for most serious crimes involving premeditation. This is all the more so when the criminal activity resembles an…
What is VAT?
Simone WhiteOver 50 per cent of the EC budget comes from a proportion of the Member States' VAT. Each Member State has a unique constellation of VAT rate, collection and remission procedures…
Computer‐related Crime: The Role of Control in its Prevention, Detection and Correction — Part II
John MitchellThis is the concluding part of a briefing on computer related crime. Part I was published in Volume 2, Number 4. Part II considers the problem of internal and external hacking and…
Pyramid Selling
Rinita SarkerThe wake of the recession has witnessed a boom in direct selling schemes also known as pyramid selling, multi‐level marketing or network marketing. Boasting annual sales of £200m…
Tentative Information, Inside Information, Price‐sensitive Information and Materiality
Ahal BesoraiThe disclosure requirements derived from the Listing Rules either expressly or by implication require disclosure of ‘material’ information. These Rules also contain ample…
Some Thoughts on the Role of the Criminal Law in Deterring Environmental Pollution
Michael G. FaureIn the theory on the usefulness of criminal sanctions several reasons are advanced why environmental pollution should be criminalised. One of the arguments is that the severe…
Corporate Criminal Responsibility — Ascription of Criminal Liability to Companies
Michael JeffersonIn English law a company may be responsible for wrongful acts or omissions in two ways. First, a corporation may be vicariously liable for the behaviour of its employees. The…
Fraud and the Taxman: the UK Inland Revenue
Martyn J. BridgesOver the last 20 years the Inland Revenue has engineered considerable change in the way that it investigates fraud and other tax irregularities. Whereas previously the Revenue had…
How Effective is US Enforcement in Deterring Insider Trading?
Jed S. Rakoff, Joanne C. EatonTrading in securities on the basis of non‐public information is too lucrative a temptation ever to disappear entirely. Nevertheless, most qualified observers believe that US…
Turning the Tide of Plastic Card Fraud
Lorna HarrisPlastic card fraud is a worldwide problem that has been with us since the first mass issue of cards in the late 1960s. The level of plastic card fraud is, therefore, a symptom of…
Between a Cop and a Customer
Simon P. Robert‐TissottGone are the days when a bank could concentrate on providing a reliable service to its customer, and maintain that as part of that service it could guard the confidentiality of…
Ireland: Delinquent Directors and Others — The Irish Approach
Howard LinnanePart VII of Ireland's Companies Act 1990 brought about significant reforms to counter the abuse of the privilege of limited liability by directors and other officers. The new…
Japan: Separation of Banking and Securities Business and Conflicts of Interest
Chizu NakajimaJapan introduced a new piece of legislation in 1992, designed to reform the financial system, the main feature of which was to ease the strict separation imposed on banks and…
Colombia: The Cali Connection
Rinita SarkerFor the last two decades drug trafficking has been the fastest growth industry in Latin America. Despite the billions of dollars spent in controlling it, and thousands of lives…
Australia: Australian Transaction Reports and Analysis Centre (AUSTRAC)
Paul LatimerAustralia's Financial Transaction Reports Act 1988 (Cth) set up reporting requirements designed inter alia to identify the money trail of the proceeds of criminal activities and…
Singapore: Financial Assistance and Directors' Duties
Hans TjioRules to preserve corporate assets are a necessary by‐product of limited liability, as well as a means of limiting agency costs arising from the separation of ownership and…
ISSN:
1359-0790Online date, start – end:
1993Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditors:
- Dr Li Hong Xing
- Prof Barry Rider