All Outputs (63)

To exchange or not to exchange – that is the question. A critical analysis of the use of financial intelligence and the exchange of information in the United Kingdom (2024)
Journal Article

This article examines the international standards relating to information exchange, identifying its importance in relation to combatting financial crime. The paper critiques the results of the Financial Action Task Force’s Fourth United Kingdom Mutu... Read More about To exchange or not to exchange – that is the question. A critical analysis of the use of financial intelligence and the exchange of information in the United Kingdom.

Review of the senior managers & certification regime (2023)
Journal Article

Following the 2022 Edinburgh Reforms, in which the Chancellor of the Exchequer announced a set of reforms designed to drive growth and competitiveness in the financial services sector, both HM Treasury and the Financial Conduct Authority (FCA) with t... Read More about Review of the senior managers & certification regime.

Higher education institutions and the anti-money laundering and counter-terrorism financing regulations (2023)
Journal Article

To tackle money laundering and terrorism financing, the United Kingdom has implemented global mechanisms introduced by the United Nations and the Financial Action Task Force. These mechanisms viewed financial institutions as gatekeepers to the financ... Read More about Higher education institutions and the anti-money laundering and counter-terrorism financing regulations.

Corrupt corporations and the facilitation of tax crimes: A review of the United Kingdom's enforcement mechanisms (2023)
Journal Article

Financial crime is synonymous with the seminal work of Edwin H. Sutherland, which used the term “white-collar crime” in 1940. Sutherland defined the term as “a crime committed by a person of respectability and high social status in the course of his... Read More about Corrupt corporations and the facilitation of tax crimes: A review of the United Kingdom's enforcement mechanisms.

Cryptoassets, social media platforms and defence against terrorism financing suspicious activity reports: A step into the regulatory unknown (2020)
Journal Article

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 Fin... Read More about Cryptoassets, social media platforms and defence against terrorism financing suspicious activity reports: A step into the regulatory unknown.

Is it time to reform the counter-terrorist financing reporting obligations? A critical and comparative assessment of the counter-terrorist financing reporting obligations in the European Union and the United Kingdom (2018)
Journal Article

This Article critically considers the effectiveness of the European Union’s (EU) counter terrorist financing (CTF) strategies. In particular, it concentrates on the use of financial intelligence gathered from the submission of suspicious activity rep... Read More about Is it time to reform the counter-terrorist financing reporting obligations? A critical and comparative assessment of the counter-terrorist financing reporting obligations in the European Union and the United Kingdom.

‘Too scared to prosecute and too scared to jail?’ A critical and comparative analysis of enforcement of financial crime legislation against corporations in the United States of America and the United Kingdom (2018)
Journal Article

This paper has two aims. Firstly, it critically considers the responses towards tackling corporate financial crime in the United States of America (US). Secondly, it analyses the United Kingdom’s (UK) efforts to tackle corporate financial crime and... Read More about ‘Too scared to prosecute and too scared to jail?’ A critical and comparative analysis of enforcement of financial crime legislation against corporations in the United States of America and the United Kingdom.

The robustness of EU financial crimes legislation: A critical review of the EU and UK anti-fraud and money laundering scheme (2017)
Journal Article

In this paper we set out to chart the European Union’s (EU) genesis of fighting crime as partly one of establishing the EU as an “Area of Freedom, Security and Justice” (AFSJ) and partly one of facilitating the EU internal market creation and the est... Read More about The robustness of EU financial crimes legislation: A critical review of the EU and UK anti-fraud and money laundering scheme.

Out with the old and…in with the old? A critical review of the financial war on terrorism on the Islamic state of Iraq and Levant (2017)
Journal Article

© 2017 Taylor & Francis Group, LLC. The aim of this article is to critically consider the effectiveness of the “Financial War on Terrorism” on the funding streams of the Islamic State of Iraq and Levant (ISIL). The article begins by identifying tha... Read More about Out with the old and…in with the old? A critical review of the financial war on terrorism on the Islamic state of Iraq and Levant.

The financial crisis and financial crime in the United Kingdom: A critical analysis of the response by Financial Regulatory Agencies (2017)
Journal Article

A previously unattributed factor that contributed towards the most recent financial crisis is financial crime. However, it is important to note and accept that financial crime was not the sole and only cause of the financial crisis. For example, it... Read More about The financial crisis and financial crime in the United Kingdom: A critical analysis of the response by Financial Regulatory Agencies.

"Greed, for lack of a better word, is good. Greed is right. Greed works": A contemporary and comparative review of the relationship between the global financial crisis, financial crime and white collar criminals in the U.S. and the U.K. (2016)
Journal Article

Since the start of the 2008 financial crisis, a multitude of scholarly work has been written on identifying the factors that contributed towards it. Many excellent texts and articles have identified such factors, including weak banking regulation, th... Read More about "Greed, for lack of a better word, is good. Greed is right. Greed works": A contemporary and comparative review of the relationship between the global financial crisis, financial crime and white collar criminals in the U.S. and the U.K..

Is justice deferred, justice denied? Not necessarily (2016)
Journal Article

At long last, the Serious Fraud Office has received a major boost in its prosecution of bribery. Serious Fraud Office v Standard Bank PLC is a landmark case because it is not only the first case where the SFO has looked to prosecute a commercial orga... Read More about Is justice deferred, justice denied? Not necessarily.

The financing of terrorism and the threat posed by the Islamic State of Iraq and Levant (2016)
Journal Article

The aim of this article is to identify the funding streams that have been exploited by the Islamic State of Iraq and Levant.

HSBC and tax evasion scandal: the prosecution of white-collar criminals and the legacy of the coalition government (2015)
Journal Article

The fight against fraud: A critical review and comparative analysis of the Labour and Conservative government’s anti-fraud policies in the United Kingdom (2015)
Journal Article

This article identifies the new trends and policies adopted by the Labour and Conservative governments towards the prevention of fraud and critiques their effectiveness.

Predatory lending and white collar crime: A critical reflection (2014)
Journal Article

The objective of this article is to review the relationship
between white collar crime, in particular fraud, and predatory lending. The article critically considers whether
fraud and predatory lending can be classified as a “related
factor” that c... Read More about Predatory lending and white collar crime: A critical reflection.

'The global financial crisis and mortgage fraud – the untold story' (2014)
Journal Article

The aim of this article is to review and highlight the contribution of mortgage fraud to the 2008 financial crisis.

The good, the bad and the down right ugly (2014)
Journal Article

The fight against financial crime in the United Kingdom (UK) has gone through numerous cycles, just like the economy, over the last thirty years. Gripped by the fear of fraud in the 1980s, the then Conservative government, as a result of the recomme... Read More about The good, the bad and the down right ugly.

Banks in defence of the homeland: Nexus of ethics and suspicious activity reporting (2014)
Journal Article

This article considers the impact of the legislative and policy responses by the United States of America towards terrorist financing. Firstly, the article provides an overview of the mechanisms utilised by terrorist organisations to fund their opera... Read More about Banks in defence of the homeland: Nexus of ethics and suspicious activity reporting.

To confiscate or not to confiscate? A comparative analysis of the confiscation of the proceeds of crime legislation in the United States of America and the United Kingdom (2013)
Journal Article

The origins of the international community’s policy and legislative measures towards confiscating the proceeds of crime can be traced back to the instigation of the ‘War on Drugs’. The scope and remit of these confiscation powers were extended follo... Read More about To confiscate or not to confiscate? A comparative analysis of the confiscation of the proceeds of crime legislation in the United States of America and the United Kingdom.