Global Financial Crime

This book explores the connections between global crime and terrorism financing, particularly in the context of evolving financial markets and regulatory frameworks.

Since the tragic events of September 2001 in New York City, the association between money laundering and terrorism has intensified. The financing of terrorism has significantly altered the legal landscape surrounding money laundering. This volume, titled Global Financial Crime, delves into the intricate connections between global crime and terrorism, while exploring effective strategies to combat these issues.

The expansion and integration of financial markets have broadened the scope for financial crime. Money laundering, terrorism financing, and tax crime have evolved in both nature and scale. As advancements in technology diminish the necessity for physical proximity to major onshore financial centers, a new generation of Offshore Financial Centers (OFCs) has emerged. The book provides a thorough examination of the economic, institutional, and political characteristics of these OFCs, aiming to formulate optimal international regulatory policies.

Employing a multidisciplinary approach and leveraging international expertise, Global Financial Crime evaluates the policies in place concerning offshore countries. The analysis is systematic and comprehensive, allowing for a deeper understanding of the challenges posed by financial crimes and the regulatory frameworks necessary to address them effectively.