Purpose The purpose of this paper is to review studies focusing on the magnitude of money
laundering and their effects on a country's economy. The relevant concepts are identified on …

Purpose There is a significant focus today on the deficiencies of the financial system as the
sector continues to boom while facing the growing pains of financial scandals, money …

This article analyses the causes and consequences of offshore financial centres (OFCs).
While OFCs are likely to encourage bad behaviour in source countries, they may also have …

The existing literature treats the criminal–who generates criminal proceeds–and the
launderer–who converts the 'dirty'dollars into 'clean'ones–as one and the same. And with …

Purpose This study aims to explore the perception of the compliance officers of the Pakistani
financial sector towards the placement of Pakistan on the grey list by the Financial Action …

Blacklisting is a policy tool that is used extensively in the international political economy, and
blacklists have been invoked following the Panama Papers scandal, Russia's annexation of …

The study econometrically analysed anti-money laundering regulations and banking sector
stability in Africa. A panel data on 51 African countries over the period of 2012 to 2019 were …

In The Banker's Blacklist, Julia C. Morse demonstrates how the Financial Action Task Force
(FATF) has enlisted global banks in the effort to keep" bad money" out of the financial …

Purpose–The purpose of this paper is to test the widely‐held assumption that blacklisting,
such as that practiced by the Organization for Economic Cooperation and Development …

This paper investigates whether tax havens have an incentive to maintain low regulatory
standards in order to attract black money activities. Using a new dataset on money …