Money Laundering Counter-Measures in the European Union (eBook)

A New Paradigm of Security Governance versus Fundamental Legal Principles

Valsamis Mitsilegas (Autor)

eBook Download: PDF

2003
224 Seiten
Wolters Kluwer (Verlag)
978-90-411-5697-6 (ISBN)

Infos

The past fifteen years witnessed the emergence globally of a plethora of legislative measures aimed at countering money laundering. These developments have been inextricably linked with the growing international focus on newly perceived and/or prioritised global security threats such as organised crime and terrorism with money laundering counter-measures deemed essential to counter these threats. Taking these developments into account, this book examines in detail the evolution and content of money laundering counter-measures in the European Union. These measures constitute a new paradigm of security governance, achieved through three principal methods: criminalisation, consisting in the emergence of new criminal offences; responsibilisation, consisting in the mobilisation of the private sector to co-operate with the authorities in the fight against money laundering; and the emphasis on the administration of knowledge, through the establishment of new institutions, the financial intelligence units, with extensive powers to administer a wide range of information provided by the private sector. This paradigm may pose significant challenges to fundamental legal principles and to well-established social structures and the book attempts to address this balance. This up-to-date analysis includes the provisions of the new EU money laundering Directive which was formally adopted in December 2001.

Produkt-Details

• Erscheint lt. Verlag: 4.9.2003
• Sprache: englisch
• Themenwelt: Recht / Steuern ► EU / Internationales Recht
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht ► Bank- und Kapitalmarktrecht
• ISBN-10: 90-411-5697-6 / 9041156976
• ISBN-13: 978-90-411-5697-6 / 9789041156976