The Palgrave Handbook of Criminal and Terrorism Financing Law

1. Front Matter

   Pages i-xiv

   PDF

2. Introductory Section

   1. Front Matter

      Pages 1-1

      PDF

   2. Criminal and Terrorism Financing Law: An Introduction

      • Clive Walker, Colin King, Jimmy Gurulé

      Pages 3-12

3. Anti-Money Laundering

   1. Front Matter

      Pages 13-13

      PDF

   2. Anti-Money Laundering: An Overview

      • Colin King

      Pages 15-31

   3. The Global AML Regime and the EU AML Directives: Prevention and Control

      • Maria Bergström

      Pages 33-56

   4. Globalization, Money Laundering and the City of London

      • Leila Simona Talani

      Pages 57-79

   5. The Production of Suspicion in Retail Banking: An Examination of Unusual Transaction Reporting

      • Vanessa Iafolla

      Pages 81-107

   6. Money Laundering, Anti-Money Laundering and the Legal Profession

      • Katie Benson

      Pages 109-133

   7. Cash, Crime and Anti-Money Laundering

      • Michele Riccardi, Michael Levi

      Pages 135-163

   8. Money Laundering in a Virtual World

      • Clare Chambers-Jones

      Pages 165-182

   9. A Bit(Coin) of a Problem for the EU AML Framework

      • Mo Egan

      Pages 183-208

   10. ‘Fake Passports’: What Is to Be Done About Trade-Based Money Laundering?

       • Kenneth Murray

       Pages 209-236

   11. De-risking: An Unintended Negative Consequence of AML/CFT Regulation

       • Vijaya Ramachandran, Matthew Collin, Matt Juden

       Pages 237-272

   12. Punishing Banks, Their Clients and Their Clients’ Clients

       • Michael Levi

       Pages 273-291

   13. A Critical Analysis of the Effectiveness of Anti-Money Laundering Measures with Reference to Australia

       • David Chaikin

       Pages 293-316

   14. The Effectiveness of Anti-Money Laundering Policy: A Cost-Benefit Perspective

       • Joras Ferwerda

       Pages 317-344

   15. A ‘Risky’ Risk Approach: Proportionality in ML/TF Regulation

       • Petrus C. van Duyne, Jackie Harvey, Liliya Gelemerova

       Pages 345-374

4. Asset Recovery

   1. Front Matter

      Pages 375-375

      PDF

   2. Asset Recovery: An Overview

      • Colin King

      Pages 377-397

The Palgrave Handbook of Criminal and Terrorism Financing Law focuses on how criminal and terrorist assets pose significant and unrelenting threats to the integrity, security, and stability of contemporary societies. In response to the funds generated by or for organised crime and transnational terrorism, strategies have been elaborated at national, regional, and international levels for laws, organisations and procedures, and economic systems. Reflecting on these strands, this handbook brings together leading experts from different jurisdictions across Europe, America, Asia, and Africa and from different disciplines, including law, criminology, political science, international studies, and business. The authors examine the institutional and legal responses, set within the context of both policy and practice, with a view to critiquing these actions on the grounds of effective delivery and compliance with legality and rights. In addition, the book draws upon the experiences of the many senior practitioners and policy-makers who participated in the research project which was funded by a major Arts and Humanities Research Council grant. This comprehensive collection is a must-read for academics and practitioners alike with an interest in money laundering, terrorism financing, security, and international relations.

• Policing
• Criminology
• Criminal Justice
• Law
• Finance
• Terrorism
• Political violence
• Security
• Business
• Corporate finance
• Transnational crime
• Fraud
• Trafficking
• Europe
• USA
• Australia
• financial crime

“Reviewing this book from a practitioner perspective, it does focus on areas of law, policy, response, and responsibility … I find this book to be an all-embracing one on the subject of Criminal and Financial Law that is, a ‘must have and read’ for all involved in this subject of enquiry.” (David M.J. Graves, Policing, August 11, 2018)

“A prime goal behind The Palgrave Handbook of Criminal and Terrorism Financing Law is to seek to understand legal structures and measures in the context of practice. … Their valuable insights are reflected in the book. … The Palgrave Handbook of Criminal and Terrorism Financing Law delivers original, theoretically informed, and well-referenced analysis, which is accessible to both practitioners and scholars alike in multiple jurisdictions.” (Scriptable, rtreview.org, Issue 27, July, 2018)

“Money is the motive for organized crime and the essential ingredient for terror. Yet our efforts to “follow the money” have proven inadequate. In this impressive collection of essays, diverse experts explore distinct but interlocking aspects of our efforts to combat financial crime. The result is a valuable study of AML/CFT and a collective argument that it is time to fundamentally shift the paradigm”. (John Cassara, former U.S. intelligence officer, Treasury Special Agent, and AML/CFT author) 

“The shift of emphasis in fighting serious crime and addressing the treats of terrorism from the investigation and prosecution of substantive offences, to pursuing wealth associated with things we don’t like, has created a new dimension to the criminal justice system. Within which the focus is on interdicting and disrupting the flow of funds within criminal and subversive structures and placing obligations on those who mind other people’s wealth to generate intelligence. Three eminent scholars - Professors Walker, King and Gurulé have assembled a galaxy of experts in this ‘biblical work’ on almost every conceivable aspect of what is one of the most dynamic and - if you handle wealth, highly significant concerns. A unique and astounding feat of intellect and perception!” (Barry Rider OBE LLD, Professorial Fellow, Centre of Development Studies, University of Cambridge, UK)

 

• University of Sussex, Falmer, United Kingdom

  Colin King

• University of Leeds, Leeds, United Kingdom

  Clive Walker

• Notre Dame Law School, Notre Dame, IN, USA

  Jimmy Gurulé

Colin King is Reader in Law and co-Founder of the Crime Research Centre, University of Sussex, UK, and was Academic Fellow of The Honourable Society of the Inner Temple from 2014-2017. 


Clive Walker is Professor Emeritus of Criminal Justice Studies at the University of Leeds, UK. He was awarded an LLD degree in 2015 and was appointed Queen’s Counsel (Hon) in 2016.


Jimmy Gurulé is Professor at the Notre Dame Law School faculty, USA. He has also worked in public enforcement positions including as Under Secretary for Enforcement, U.S. Department of the Treasury. 

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