Full Description
This edited collection explores the culpability of corporate bodies and international organisations and examines the different responses to economic offences such as money laundering, bribery and corruption, cybercrime, market manipulation, insider trading and market abuse. In a world where corporations wield legal personhood, the legal intricacies of corporate criminal liability come to the forefront. While national and international lawmakers attempt to rein in corporate power, the ever-evolving landscape demands a re-evaluation of the current normative framework.
The heart of the book lies in its dual mission — firstly, to compare the different jurisdictional approaches to crimes committed by corporations, and secondly, to propose solutions to some of the challenges faced by lawmakers, policymakers and law enforcement. Expert contributors embark on a global journey from North America to the Asia Pacific via Europe, from Common Law jurisdictions to Civil Law ones, unravelling the diverse approaches to corporate and institutional crime. The challenges facing lawmakers, policymakers and law enforcement are explored throughout this book, alongside solutions to the complex issues they face, whether this involves money laundering, bribery and corruption, fraud, cybertrafficking and corporate involvement in human rights violations.
Contemporary Economic Crime: Issues and Challenges is an indispensable resource for anyone captivated by the dynamic dominion of white-collar and corporate wrongdoing. It will be of interest to academics, legal practitioners, lawmakers, policymakers and law enforcement navigating the complex terrain of financial and corporate crime.
Contents
Introduction
Part one: Money Laundering
1. Open Banking in Australia: Anti-Money Laundering and Counter-Terrorism Financing Considerations
Doron Goldbarsht and Samuel Orchard
2. Money Laundering Challenges in the United Kingdom (UK)
Craig Hughes and David Hicks
3. Illicit offshore finance: Examining the measures adopted by the United Kingdom to enhance corporate transparency
Paul Gilmour and Branislav Hock
Part two: Corruption
4. 'Help At Any Cost'- Impacts and Enablers of Corruption in Humanitarian SectorDolapo Fakuade
5. Critical analysis of the legal framework for corporate anti-bribery policies: The United Kingdom and Colombian approaches
Yudy Paola Pinzon Fernandez
6. The End of a Corruption-Free Era? The Story of Hong Kong
Horace Yeung and Flora Huang
7. Is it Possible to Fight Corruption in a Post-Communist Captured State? The Case of Bulgaria
Radosveta Vassileva
Part three: Corporate Crimes: Challenges and solutions
8. Civil False Claims Act: An Effective Anti- Corporate Fraud Remedy?
Penelope Giosa
9. Unethical and Unlawful Behaviour by Global Banks: Implications for Human Rights
Stephen Schneider
10. A Critique of Corporate Criminal Liability in the US: How Fraud Swallows Everything: Policing What Corporations Say Instead of What They DoJ.S. Nelson
11. Corporate Criminal Liability: Shifting the Burden of Cost to the Private Sector
Georgia Bufton
12. Are Traditional Laws Fit for Purpose? A Critique of International Law governing the Criminal Liability of Digital Providers for Cyber-Sex-Trafficking
Michala Meiselles
