Journal of Economic Criminology最新文献

Implementation of the risk-based approach in CDD and its impact on the financial inclusion of Nigerian and Pakistani students 基于风险的CDD方法的实施及其对尼日利亚和巴基斯坦学生普惠金融的影响

Journal of Economic Criminology Pub Date : 2025-04-23 DOI: 10.1016/j.jeconc.2025.100163

Emilia Aguele

{"title":"Implementation of the risk-based approach in CDD and its impact on the financial inclusion of Nigerian and Pakistani students","authors":"Emilia Aguele","doi":"10.1016/j.jeconc.2025.100163","DOIUrl":"10.1016/j.jeconc.2025.100163","url":null,"abstract":"<div><div>This paper presents exploratory research assessing the impact of Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) measures on international students from Nigeria and Pakistan’s financial inclusion in the UK. It explores the concept of de-risking, which could limit access for students from nations grey-listed by the Financial Action Task Force (FATF), and whether recent grey-listing has posed additional challenges for these students compared to their non-listed status. Emerging trends suggest that while some students experience delays in accessing a bank account, others do not. Nigerian students during the listing period exhibited patterns suggesting they may be restricted in accessing international transfers. The patterns also suggest that enhanced due diligence was utilised in both periods for all participants who opened their accounts in person, which could indicate a trend toward over-compliance. It explores the implementation of the risk-based approach to AML/CFT measures by the Financial Conduct Authority (FCA) and financial institutions using Matland’s theory on experimental and symbolic implementation. It finds that the implementation is characterised by a high level of ambiguity and conflict between actors, shaping how resolutions are developed and policy outcomes. It argues that there is a need for a balanced strategy that ensures compliance without compromising the financial inclusion of legitimate customers.</div></div>","PeriodicalId":100775,"journal":{"name":"Journal of Economic Criminology","volume":"8 ","pages":"Article 100163"},"PeriodicalIF":0.0,"publicationDate":"2025-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143916829","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Impact of FinTech and control of corruption on environmental sustainability 金融科技和腐败控制对环境可持续性的影响

Journal of Economic Criminology Pub Date : 2025-04-18 DOI: 10.1016/j.jeconc.2025.100162

Muhammad Naeem Shahid , Zareen Zahid , Falak Sher , Muhammad Ishtiaq

引用次数: 0

“Where do you hide your money?”: The explanation of low conviction in money laundering “你把钱藏在哪里？”：对洗钱定罪低的解释

Journal of Economic Criminology Pub Date : 2025-04-18 DOI: 10.1016/j.jeconc.2025.100161

Muhammad Bramantyo

引用次数: 0

Illegal grain market in Ukraine: Harvesting war opportunities 乌克兰非法粮食市场：收获战争机会

Journal of Economic Criminology Pub Date : 2025-04-14 DOI: 10.1016/j.jeconc.2025.100160

Tetiana Melnychuk

引用次数: 0

A tale of two jurisdictions: Contrasting cryptocurrency regulations in Hong Kong and the United Kingdom 两个司法管辖区的故事：香港和英国的加密货币监管对比

Journal of Economic Criminology Pub Date : 2025-03-29 DOI: 10.1016/j.jeconc.2025.100150

Thomas Burgess , Jingru Liu

{"title":"A tale of two jurisdictions: Contrasting cryptocurrency regulations in Hong Kong and the United Kingdom","authors":"Thomas Burgess , Jingru Liu","doi":"10.1016/j.jeconc.2025.100150","DOIUrl":"10.1016/j.jeconc.2025.100150","url":null,"abstract":"<div><div>This article examines the regulatory approaches of Hong Kong and the United Kingdom (UK) towards cryptocurrencies, highlighting their distinct regulatory philosophies and frameworks. Hong Kong has adopted a comprehensive and proactive regulatory approach, creating a dual-licensing regime for virtual asset trading platforms covering security and non-security tokens and tailoring the existing licensing framework under the Securities and Futures Ordinance to risks in managing and distributing portfolios that invest in virtual assets. This measured approach prioritises investor protection, market integrity, and financial crime prevention while fostering an innovation-friendly environment. Conversely, the UK has taken a conservative stance, integrating cryptocurrency regulation into existing financial systems and prioritising stability, consumer protection, and control over speculative risks. The UK’s framework emphasises Anti-Money Laundering and Counter-Terrorism Financing compliance, registration for crypto-related activities, and restrictions on high-risk products for retail investors. Through comparative analysis, this article illustrates how both jurisdictions balance regulatory oversight with financial innovation and how their regulatory strategies reflect their economic and financial priorities. The findings suggest that Hong Kong’s flexible, forward-looking approach, characterised by dedicated licensing, proactive regulation, and tailored investor protection, positions it as an agile player in the evolving crypto landscape. In contrast, the UK’s framework leans heavily on stability and consumer safeguards. Ultimately, Hong Kong emerges as a rising Asian crypto hub, embracing growth and innovation, while the UK focuses on reinforcing its regulatory defences. This comparison sheds light on how regional priorities shape cryptocurrency regulation, offering insights into the broader global regulatory landscape.</div></div>","PeriodicalId":100775,"journal":{"name":"Journal of Economic Criminology","volume":"8 ","pages":"Article 100150"},"PeriodicalIF":0.0,"publicationDate":"2025-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143830018","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Criminal participation in the legal economy during a health crisis: A screening of the Italian economy during 2020 and 2021 健康危机期间合法经济中的犯罪参与：2020年和2021年意大利经济审查

Journal of Economic Criminology Pub Date : 2025-03-28 DOI: 10.1016/j.jeconc.2025.100155

Giovanni Nicolazzo

引用次数: 0

Do stronger Anti Money Laundering (AML) measures reduce crime? An empirical study on corruption, bribery, and environmental crime 加强反洗黑钱措施能减少罪案吗？腐败、贿赂与环境犯罪的实证研究

Journal of Economic Criminology Pub Date : 2025-03-27 DOI: 10.1016/j.jeconc.2025.100157

Agung Andiojaya

{"title":"Do stronger Anti Money Laundering (AML) measures reduce crime? An empirical study on corruption, bribery, and environmental crime","authors":"Agung Andiojaya","doi":"10.1016/j.jeconc.2025.100157","DOIUrl":"10.1016/j.jeconc.2025.100157","url":null,"abstract":"<div><div>The objective of anti-money laundering (AML) programs is to disrupt the financial infrastructure of criminal organizations, thereby seizing illicit assets and curbing the expansion of these criminal activities. This paper assesses the effectiveness of AML programs in curbing three distinct forms of criminal activity: corruption, bribery, and environmental crime. The analysis encompasses a representative sample of 192 countries. These crimes were selected due to their significant socio-economic impacts and their strong dependence on illicit financial flows. This study employs multivariate multiple regression analysis and multivariate analysis of variance (MANOVA) to assess the influence of money laundering risk on the Corruption Perception Index (CPI), bribery risk, and environmental crime. The results indicate that rigorous AML measures significantly mitigate the risks associated with these crimes, substantiating the hypothesis that efficacious AML programs can deter criminals by limiting access to illicit funds. This research addresses a gap by quantitatively assessing AML effectiveness across diverse criminal activities, contributing to the broader discourse on financial crime prevention.</div></div>","PeriodicalId":100775,"journal":{"name":"Journal of Economic Criminology","volume":"8 ","pages":"Article 100157"},"PeriodicalIF":0.0,"publicationDate":"2025-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143739444","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Leveraging blockchain technology adoption in the fight against corruption: An evaluation of Ghana's readiness 在反腐败斗争中利用区块链技术：对加纳准备情况的评估

Journal of Economic Criminology Pub Date : 2025-03-26 DOI: 10.1016/j.jeconc.2025.100158

Boadu Ayeboafo , Sampson Anomah , Kwaku Amofah

{"title":"Leveraging blockchain technology adoption in the fight against corruption: An evaluation of Ghana's readiness","authors":"Boadu Ayeboafo , Sampson Anomah , Kwaku Amofah","doi":"10.1016/j.jeconc.2025.100158","DOIUrl":"10.1016/j.jeconc.2025.100158","url":null,"abstract":"<div><div>This study examines the adoption and use of blockchain technology as a proactive tool against white-collar crimes in Ghana, using the Technology Acceptance Model (TAM) as a framework. A survey of professionals from regulatory bodies, financial institutions, and anti-corruption agencies was conducted to gather quantitative data. The analysis focused on key TAM constructs—Perceived Usefulness (PU), Perceived Ease of Use (PEOU), Attitude Toward Use (ATU), and Behavioral Intention (BI)—to evaluate their impact on Actual System Use (AU). Findings indicate that PU and PEOU significantly influence BI, while ATU and BI strongly affect AU. External factors, such as regulatory frameworks and technological infrastructure, had limited influence, underlining the importance of perceived utility and ease of use in driving blockchain adoption. This research provides critical insights for policymakers and organizations, highlighting the need to promote positive perceptions of blockchain to encourage its adoption in anti-corruption initiatives. It uniquely assesses Ghana’s readiness for blockchain integration in combating corruption, addressing gaps in the literature on technology adoption in less regulated environments. The study offers actionable recommendations for enhancing transparency, accountability, and the efficacy of anti-corruption efforts through blockchain technology.</div></div>","PeriodicalId":100775,"journal":{"name":"Journal of Economic Criminology","volume":"8 ","pages":"Article 100158"},"PeriodicalIF":0.0,"publicationDate":"2025-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143739443","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The three faces of anti-heroic leaders: Egocentricity, psychopathy and criminality 反英雄领袖的三种面目：自我中心、精神变态和犯罪

Journal of Economic Criminology Pub Date : 2025-03-25 DOI: 10.1016/j.jeconc.2025.100159

Siba Prasada Panigrahi , Deepika Swain

引用次数: 0

The ambiguity, opaqueness and consequences of FATF’s remittance regulatory strategies: The case studies of Somalia and Nigeria 金融行动特别工作组汇款监管战略的模糊性、不透明性及其后果：索马里和尼日利亚案例研究

Journal of Economic Criminology Pub Date : 2025-03-24 DOI: 10.1016/j.jeconc.2025.100156

Mohamed Abdiaziz Muse

{"title":"The ambiguity, opaqueness and consequences of FATF’s remittance regulatory strategies: The case studies of Somalia and Nigeria","authors":"Mohamed Abdiaziz Muse","doi":"10.1016/j.jeconc.2025.100156","DOIUrl":"10.1016/j.jeconc.2025.100156","url":null,"abstract":"<div><div>The international approaches to remittance regulations and policymaking have significantly changed in the last two decades. New regulatory frameworks that aim to protect remittances from illicit flows, such as money laundering and terrorism financing, have emerged. Remittance-sending and receiving jurisdictions must adopt and comply with the new regulatory frameworks for protecting remittances from illicit uses. These regulations emerged from standard-setting agencies in the West. The focus of this article is on one of these agencies, known as the Financial Action Task Force (FATF), which has developed a set of forty-nine recommendations for combating money laundering and terrorism financing. The article critically analyses remittance regulatory frameworks as part of broader AML/CFT frameworks in Nigeria and Somalia. The article uses data collected from Somalia and Nigeria between May 2023 to May 2024. The arguments of the article are twofold. Firstly, FATF’s ambiguous remittance regulatory frameworks challenge domestic financial institutions in Nigeria and Somalia. Second, due to its ambiguity and challenges, FATF’s remittance regulatory frameworks contribute to the financial exclusion of banked remitters in Somalia and Nigeria. This is mainly due to the unrealistic know-your-customer requirements of the FATF and the limited institutional capacity of local AML/CFT regimes in Somalia and Nigeria.</div></div>","PeriodicalId":100775,"journal":{"name":"Journal of Economic Criminology","volume":"8 ","pages":"Article 100156"},"PeriodicalIF":0.0,"publicationDate":"2025-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143734827","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0