Journal of Money Laundering Control: Volume 24 Issue 3

Editorial

Lu’ayy Minwer Al-Rimawi

Can artificial intelligence, RegTech and CharityTech provide effective solutions for anti-money laundering and counter-terror financing initiatives in charitable fundraising

Charanjit Singh, Wangwei Lin

Artificial intelligence has had a major impact on organisations from Banking through to Law Firms. The rate at which technology has developed in terms of tasks that are complex…

Challenges in settling non-conviction based civil confiscation of unexplained wealth

Todor Kolarov

The purpose of this paper is to evaluate the benefits and challenges, on the national and international level, associated with the settlement of cases involving non-conviction…

Do cryptocurrencies enable and facilitate modern slavery?

Mohammed Ahmad Naheem

The purpose of this paper is to investigate the role of cryptocurrencies in facilitating operations relating to modern slavery and specifically human trafficking. Over the past…

A difficult balancing act: the Samoan experience with money laundering regulation

Mark Rowe

This paper aims to examines the trade-offs that Small Island Developing States (SIDS) must make in navigating an inappropriate elite-driven global anti-money laundering anti-money…

Suspicious activity reports (SARs) regime: reforming institutional culture

XiaoTong Loh

Against a backdrop of money laundering scandals in the banking industry, this study aims to assess anti-money laundering (AML) reporting obligations of bankers in the UK. By…

Exploring the role of corruption and money laundering (ML) on banking profitability and stability: a study of Pakistan and Malaysia

Qamar Uz Zaman, Kinza Aish, Waheed Akhter, Syed Anees Haidder Zaidi

The purpose of this paper is to address the effect of corruption and money laundering (ML) on banking profitability and stability.

CPEC: a route for outflow of illegal wealth from Pakistan

Wahaj Ahmed Khan, Syed Tehseen Jawaid, Danish Ahmed Siddiqui

This study examines the new venue of moving illegal wealth from Pakistan under the umbrella of China–Pakistan Economic Corridor (CPEC). The study first discussed the features of…

Defining money laundering under Malawian law: a critical appraisal for compliance with international standards

Lewis Chezan Bande

The purpose of this paper is to critically appraise the legal definition of the offence of money laundering under Malawian law. The goal is to evaluate whether the definition…

The role of financial intelligence in combating the financing of terrorism

Seyfettin Unal, Mehmet Altun

This study aims to examine how important the countering terrorism financing is in the fight against terrorism and to what extent does financial intelligence contribute into this…

Banking technology and cashless economy in selected Sub-Saharan African countries: does education matter?

Ese Urhie, Ogechi Chiagozie Amonu, Chiderah Mbah, Olabanji Olukayode Ewetan, Oluwatoyin Augustina Matthew, Oluwasogo Adediran, Oreoluwa Adesanya, Adeleke Adekeye

This study aims to analyze the effect of banking technology [automated teller machine (ATM) and mobile cellular devices (MOBs)] and other traditional factors on the level of…

Holding aid-related misconduct accountable: civil and administrative remedies

Sally Junsong Wang

The purpose of this paper is to provide an empirical analysis on aid-related misconduct and sectoral regulatory failures. Via a series of Oxfam revelations, this paper aims to…

The conflict between anti-money laundering reporting obligations and the doctrine of confidentiality for legal practitioners in Kenya

Njaramba E. Gichuki

The purpose of this paper is to assess the balance between anti-money laundering reporting obligations and the doctrine of advocate–client confidentiality for legal practitioners.

Justice and development: the transnational bride trafficking from Vietnam to China

Hung Nguyen

This paper aims to provide an overview of transnational bride trafficking from Vietnam to China, enriching the human trafficking literature with the Vietnamese perspective. It…

Aid diversion, accountability and questions unanswered: contextualising the World Bank working paper on offshore capture of foreign aid

Stephen Damianos

The purpose of this paper is to engage a contentious World Bank publication beyond its controversy. In particular, it assesses mechanisms that facilitate elite capture of foreign…

Macroeconomic factors, corporate governance and financial malpractices in Nigerian banks

Alexander Ehimare Omankhanlen, Ediomi Abasi-Favor Tometi, Ese Urhie

Many studies have traced the collapse of most banks in the past to weak corporate governance. In response to this, the Central Bank of Nigeria established a Code of Corporate…