Author： Maylam Simon
Publisher： Emerald Group Publishing Ltd
ISSN： 1359-0790
Source： Journal of Financial Crime, Vol.10, Iss.2, 2003-04, pp. : 157-158
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Abstract
Reports briefly the state of money laundering research on the UK; it is not really known how much goes on, but an estimate was made in 1998 that about ú2.5 billion was being laundered though the UK financial system. Asks why there have been so few prosecutions: 357 in the years from 1987 and 1998 in England and Wales. Outlines five areas where prosecutors have been hampered in attacking money launderers: inadequate suspicious transaction reporting, inadequate law enforcement resources, the fragmented legislation, relative neglect of money laundering because of investigative and prosecutorial discretion, and the problems of obtaining evidence in a field characterised by sophisticated criminality.
Related content
Combating money laundering and smuggling in Colombia
Journal of Financial Crime, Vol. 10, Iss. 2, 2003-04 ,pp. :
Access to resources
Recommend
Financial Channels Of Money Laundering In Spain
British Journal of Criminology, Vol. 52, Iss. 6, 2012-09 ,pp. :
Global standards for money laundering prevention
By Bauer Hans-Peter Peter Martin
Journal of Financial Crime, Vol. 10, Iss. 1, 2003-01 ,pp. :
Evolution of methods of money laundering in Latin America
Journal of Financial Crime, Vol. 10, Iss. 2, 2003-04 ,pp. :