Nicholas Ryder Nicholas.Ryder@uwe.ac.uk
Professor in Law
Counter-terrorist financing, cryptoassets, social media platforms, and suspicious activity reports: a step into the regulatory unknown
Ryder, Nicholas
Authors
Abstract
This paper is divided into three parts. Firstly, the paper presents evidence how terrorism financiers are able to operate via the Internet and social media platforms. Secondly, it enhances the understanding of the use of Defence against Terrorism Financing (DATF) Suspicious Activity Reports (SARs) by highlighting the current weaknesses in the United Kingdom’s (UK) legislative approach. Thirdly, to consider the extension of ‘DATF’ SARs to payments made via social media platforms. The paper advocates that the exchange of information model between financial institutions, supervisory agencies and the National Crime Agency via the Joint Intelligence Money Laundering Task Force (JMLIT) must be extended to social media platforms.
Citation
Ryder, N. (2019, March). Counter-terrorist financing, cryptoassets, social media platforms, and suspicious activity reports: a step into the regulatory unknown. Paper presented at Centre for Financial and Corporate Integrity - Research Seminar, Coventry Law School, Coventry, England
Presentation Conference Type | Conference Paper (unpublished) |
---|---|
Conference Name | Centre for Financial and Corporate Integrity - Research Seminar |
Conference Location | Coventry Law School, Coventry, England |
Start Date | Mar 20, 2019 |
End Date | Mar 20, 2019 |
Acceptance Date | Mar 19, 2019 |
Publicly Available Date | Jun 6, 2019 |
Peer Reviewed | Peer Reviewed |
Keywords | cryptassets, terrorism financing, defence against terrorism financing suspicious activity reports |
Public URL | https://uwe-repository.worktribe.com/output/850482 |
Additional Information | Title of Conference or Conference Proceedings : Centre for Financial and Corporate Integrity - Research Seminar |
Files
Coventry 2019.pptx
(1.6 Mb)
Presentation
You might also like
Counter-terrorist financing: Interim research results
(2018)
Presentation / Conference
Market manipulation challenges and responses in the United Kingdom, European Union and the United States
(2017)
Presentation / Conference
The Kingdom of Saudi Arabia: A critical review of its response to money laundering and terrorist financing
(2017)
Presentation / Conference