Regulating and Combating Money Laundering and Terrorist Financing : The Law in Emerging Economies Hardback
by Nkechikwu (Nkechikwu Valerie Azinge-Egbiri is Senior Lecturer, University of Lincoln, Azinge-Egbiri
Part of the The Law of Financial Crime series
Hardback
Description
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.
This book offers a new direction on the impact of global AML/CFT standards on ACs/EEs and contributes to the understanding of the conditions under which the global standards are likely to facilitate proactive compliance within these blocs of countries.
As such it will be a valuable resource for academics, researchers and policy-makers working in this area.
Information
-
Out of stock
- Format:Hardback
- Pages:330 pages, 3 Tables, black and white; 7 Line drawings, black and white
- Publisher:Taylor & Francis Ltd
- Publication Date:02/03/2021
- Category:
- ISBN:9780367861421
Information
-
Out of stock
- Format:Hardback
- Pages:330 pages, 3 Tables, black and white; 7 Line drawings, black and white
- Publisher:Taylor & Francis Ltd
- Publication Date:02/03/2021
- Category:
- ISBN:9780367861421
