Book contents
- Frontmatter
- Contents
- List of Figures
- List of Tables
- List of Contributors
- Foreword
- Preface
- Introduction
- Part I International Criminology
- Part II Law, Punishment, and Crime Control Philosophies of the World
- Part III Transnational Crime
- 14 Drug Trafficking
- 15 Understanding Trafficking in Human Beings
- 16 International Trafficking of Stolen Vehicles
- 17 Transnational Firearms Trafficking
- 18 Trafficking Antiquities
- 19 The Illegal Cigarette Trade
- 20 Cybercrime
- 21 International Fraud
- 22 Money Laundering
- 23 Child Pornography
- 24 Maritime Crime
- 25 Transnational Environmental Crime
- 26 The Bhopal Gas Disaster and Corporate Criminal Negligence
- 27 Endangered Species Markets
- 28 Corruption
- 29 Tourist and Visitor Crime
- Part IV Organized Crime and Terrorism
- Part V International crime
- Part VI Delivering International Justice
- Part VII International Cooperation and Criminal Justice
- Part VIII International Research and Crime Statistics
- Part IX International research resources
- World Map
- Index
- References
22 - Money Laundering
Published online by Cambridge University Press: 05 October 2014
- Frontmatter
- Contents
- List of Figures
- List of Tables
- List of Contributors
- Foreword
- Preface
- Introduction
- Part I International Criminology
- Part II Law, Punishment, and Crime Control Philosophies of the World
- Part III Transnational Crime
- 14 Drug Trafficking
- 15 Understanding Trafficking in Human Beings
- 16 International Trafficking of Stolen Vehicles
- 17 Transnational Firearms Trafficking
- 18 Trafficking Antiquities
- 19 The Illegal Cigarette Trade
- 20 Cybercrime
- 21 International Fraud
- 22 Money Laundering
- 23 Child Pornography
- 24 Maritime Crime
- 25 Transnational Environmental Crime
- 26 The Bhopal Gas Disaster and Corporate Criminal Negligence
- 27 Endangered Species Markets
- 28 Corruption
- 29 Tourist and Visitor Crime
- Part IV Organized Crime and Terrorism
- Part V International crime
- Part VI Delivering International Justice
- Part VII International Cooperation and Criminal Justice
- Part VIII International Research and Crime Statistics
- Part IX International research resources
- World Map
- Index
- References
Summary
INTRODUCTION
This chapter discusses available knowledge about money laundering and discusses selected definitions of money laundering offences, and available evidence on the size and scope of the problem. Particular emphasis is placed upon evidence concerning the underlying or predicate offending and laundering methods.
The United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances (Vienna Convention, 1988) signaled the beginning of the international drive, and parallel national responses, to target money laundering. Early efforts focused on laundering linked to drugs and designated offences. From the turn of the century, international conventions and much national legislation has expanded the focus to include laundering related to all serious crimes (punishable by four or more years imprisonment) and virtually any interaction with the proceeds of crime.
The responses that have been developed (see Hicks, 2010 for example) are key drivers behind what we know about the money laundering problem. Responses that generate the bulk of our knowledge in this area may be divided into two generic and interactive categories: prevention and enforcement (Levi & Reuter, 2006). Prevention activities focus on knowing your customer policies, the reporting of suspicious and other financial transactions, and the regulation and supervision of financial institutions with various sanctions for noncompliance. Enforcement activities focus on predicate offences that generate the proceeds of crime, investigation, prosecution, punishment, and criminal and civil forfeiture of the proceeds of crime.
- Type
- Chapter
- Information
- International Crime and Justice , pp. 171 - 177Publisher: Cambridge University PressPrint publication year: 2010
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