Full Description
Outlining the different types of financial crime and their impact, this book is a user-friendly, up-to-date guide to the regulatory processes, systems and legislation which exist in the UK. Each chapter has a similar structure and covers individual financial crimes including money laundering, terrorist financing, fraud, insider dealing, market abuse, bribery and corruption and finally tax avoidance and evasion. Offences are summarized and their extent is evaluated using national and international documents. Detailed assessments of financial institutions and regulatory bodies are made and the achievements of these institutions are analysed. Sentencing and policy options for different financial crimes are included and suggestions are made as to how criminal proceeds might be recovered. This second edition has been fully updated and includes a section on cybercrime and a new chapter on tax evasion. Case summaries have also been included in those chapters where a criminal justice route is used by the prosecuting authorities.
Contents
Chapter 1IntroductionIntroductionWhat is financial crime?The extent of financial crimeThe importance of financial crime regulation Contents reviewChapter 2Money LaunderingIntroductionThe money laundering processWhat is the offence of money laundering?The extent of money launderingPolicy background - where did the offence originate fromFinancial institutions and regulatory bodies Financial IntelligenceSentencing and recoveryFuture recommendationsFurther readingChapter 3Terrorist Financing IntroductionWhat is the offence of terrorist financing?The extent of terrorist financingPolicy background - where did the offence originate fromFinancial institutions and regulatory bodies Financial IntelligenceSentencing and recoveryFuture recommendationsFurther readingChapter 4FraudIntroductionWhat is the offence of fraud?Fraud and CybercrimeThe extent of fraudPolicy background - where did the offence originate fromFinancial institutions and regulatory bodies Financial IntelligenceSentencing and recoveryFuture recommendationsFurther readingChapter 5 Insider DealingIntroductionWhat is the offence of insider dealing?The extent of insider dealingPolicy backgroundFinancial institutions and regulatory bodies Sentencing and recoveryMarket manipulationFuture recommendationsFurther readingChapter 6 Market AbuseIntroductionWhat are the civil and criminal offences of market abuse?The civil market abuse regimeMarket Abuse RegulationThe extent of market abuseFinancial institutions and regulatory bodies Reporting of Suspicious TransactionsSentencing and recoveryFuture recommendationsFurther readingChapter 7Bribery and CorruptionIntroductionWhat is the offence of bribery?The extent of BriberyPolicy backgroundFinancial institutions and regulatory bodies Financial IntelligenceSentencing and recoveryFuture recommendationsFurther readingChapter 8The Avoidance and Evasion of TaxIntroductionWhat are the offences?The extent of tax evasionPolicy backgroundFinancial institutions and regulatory bodies Sentencing and recoveryFuture recommendationsFurther readingChapter 9Conclusions and RecommendationsIntroductionMoney LaunderingTerrorist FinancingFraudInsider DealingMarket AbuseBribery and CorruptionTax Evasion/AvoidanceFinal thoughts
