RT Book
T1 Regulating and combating money laundering and terrorist financing: the law in emerging economies
T2 The law of financial crime
A1 Azinge, Nkechikwu Valerie
LA English
PP London New York
PB Routledge, Taylor & Francis Group
YR 2021
UL https://krimdok.uni-tuebingen.de/Record/1737212587
AB "This book analytically reviews the impact of the global anti-money laundering and counter-terrorist financing (AML/CFT) framework on the compliance trajectory of a number of jurisdictions to this framework. The work begins by examining the international financial sector reform and its evolution to inculcate the global framework for AML/CFT regulations. It challenges the resulting uniform AML/CFT due to its paradoxical impact on the compliance trajectory of African countries and emerging economies (ACs/EEs). This is done through an examination of the pre-conditions for effective regulation and compliance drivers for ACs/EEs that reveals the behavioural impact of the AML/CFT standards on the bloc of countries. Through the application of agency theory, it explores the relationship between ACs/EEs on the one hand and the international financial institutions that formulate, disseminate and facilitate compliance with the global framework for AML/CFT standards on the other. The remaining chapters review empirically the compliance pressures and resulting compliance trajectory of ACs/EEs with the AML/CFT standards. The final part of the book provides a detailed explanation of the compliance challenges of ACs/EEs and the legitimacy concerns that facilitate this"--
CN K1089
SN 9780367861421
K1 Money Laundering : Law and legislation
K1 Money Laundering : Prevention
K1 Terrorism : Finance : Law and legislation
K1 Terrorism : Finance : Prevention
K1 Schwellenländer : Geldwäsche : Terrorismus : Finanzierung : Bekämpfung : Internationale Kooperation