Monday, January 18, 2016
Research on International Financial Crime
A new book, Research Handbook on International Financial Crime has been published recently by the University of Cambridge, UK. The book posits that a significant proportion of serious crime is economically motivated. Almost all financial crimes will be either motivated by greed, or the desire to cover up misconduct. This Handbook addresses financial crimes such as fraud, corruption and money laundering, and highlights both the risks presented by these crimes, as well as their impact on the economy. The contributors cover the practical issues on the topic on a transnational level, both in terms of the crimes and the steps taken to control them. They place an emphasis on the prevention, disruption and control of financial crime. Essentially, the book discusses, in eight parts, the nature and characteristics of economic and financial crime, the enterprise of crime, business crime, the financial sector at risk, fraud, corruption, the proceeds of financial and economic crime, and enforcement and control. Researchers and academics interested to explore research in financial criminology will find this book to be an invaluable resource. Practitioners, including lawyers, accountants, auditors, forensic accountants, compliance and risk managements officers, law enforcement officers, and policy makers will also find the points raised to be of practical use.