RT Article
T1 The Banco Delta Asia affair: the USA patriot act and allegations of money laundering in Macau
JF Crime, law and social change
VO 50
IS 4/5
SP 293
OP 305
A1 Gaylord, Mark S.
LA English
YR 2008
UL https://krimdok.uni-tuebingen.de/Record/1881672174
AB The anti-money laundering laws of the US are the most powerful in the world. Their broad provisions and extra-territorial reach pose risks to financial institutions around the world. Although they are not widely understood, recent cases demonstrate how these laws operate. In this paper I briefly describe Macau, the new gambling capital of the world; analyze the alleged role of Banco Delta Asia (BDA), a small, family-owned bank in Macau, in money laundering on behalf of North Korea; and offer some observations on the controversial use of Section 311 of the USA Patriot Act.
NO Literaturverzeichnis: Seite 303-305
K1 Financial Action Task Force
K1 Financial Institution
K1 Foreign Jurisdiction
K1 Money Laundering
K1 Treasury Department
DO 10.1007/s10611-008-9127-3