The Global Anti-Money Laundering Regulatory Landscape in Less Developed Countries
| Author | : | |
| Rating | : | 4.45 (590 Votes) |
| Asin | : | 1409443469 |
| Format Type | : | paperback |
| Number of Pages | : | 336 Pages |
| Publish Date | : | 2015-06-24 |
| Language | : | English |
DESCRIPTION:
Money Laundering. AND THE DEVELOPING WORLD - AN INTERESTING READ FOR LAWYERS AND SCHOLARS IN THIS FIELDAn appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green ChambersRecently published by Ashgate Publishing, this is a timely publication in view of the burgeoning threat inherent in money laundering worldwide. The book is presented as the first of its kind to have focused on the worrying link between money laundering and developing economies.Specifically, the immense and special difficulties such countries
It suggests that corruption, general systemic failure and lack of infrastructural capacity in some developing economies are hampering the implementation of laws and regulations. Examining the challenges of using the global anti-money laundering (AML) framework in an uneven global regulatory landscape, this book discusses the difficulties of relating de-regulation, liberalization and conflict of laws to the dynamics of the market economy and demonstrates how the global environment engenders money laundering. This book is the first of its kind to present the perspective of developing economies and their involvement in AML regimes and should be of interest to those involved in business and commercial law as well as comparative law.. Suggesting that these challenges can be overcome by designing AML regimes more suited to developing economies within the prevailing global climate, the book questions the assumption that that global regimes will be applicable and emphasises the need for more representation of develo
Norman Mugarura is senior law tutor at 'The Law Tutor Limited' London. He has previously taught commercial law in Universities and Private Colleges in London.
'Norman Mugarura has produced a fascinating and thought provoking discussion of the relationship between anti-money laundering regimes and emerging economies. It provides an informed account of the law, primarily in the United Kingdom, across a broad spectrum of issues. This book examines the difficult and often conflicting issues that arise in this area and comes up with a number of highly original and insightful new responses.' George Walker, Queen Mary University of London, UK 'This book is a thoughtful attempt to examine the relevant laws relating to the identification and interdiction of tainted wealth in a dynamic context with a particular and focused perspective from developing economies. The author's essentially intellectual analysis is both tim