عنوان

The Legal Combat of Financial Crimes:

شماره

LA108082

زبان متن نوشتاري يا گفتاري و مانند آن

انگلیسی

عنوان اصلي

The Legal Combat of Financial Crimes:

نام عام مواد

[Article]

ساير اطلاعات عنواني

A Comparative Assessment of the Enforcement Regimes in Nigeria and South Africa

نام نخستين پديدآور

Nelson Ojukwu-Ogba, Patrick C Osode, Nelson Ojukwu-Ogba, et al.

محل نشرو پخش و غیره

Leiden

نام ناشر، پخش کننده و غيره

Brill | Nijhoff

متن يادداشت

Financial crimes are debilitating problems for economies, especially emerging ones. The scourge of financial crimes includes money laundering, fraud, drug and human trafficking, terrorism financing, bribery, embezzlement, market manipulation, tax evasion, identity theft, forgery and cybercrime. These problems are so intractable and potentially destructive that the collective effort to prevent or contain them has gone global. The imperative of enhanced transparency and financial system integrity, not only in national financial systems but also in the international financial order, has become inevitable. This has resulted in the landmark frameworks of the United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances and the G7's Financial Action Task Force. This paper discusses the legal combat of financial crimes in two major African economies: Nigeria and South Africa, with particular emphasis on money laundering and terrorism financing due to their direct negative macro-economic implications for any economy. The focus on the twin problems in those two economies is based on their pre-eminent position in Africa. The paper examines the legal frameworks for the prevention or containment of the scourge in the two countries and interrogates measures that could engender their effective control. Financial crimes are debilitating problems for economies, especially emerging ones. The scourge of financial crimes includes money laundering, fraud, drug and human trafficking, terrorism financing, bribery, embezzlement, market manipulation, tax evasion, identity theft, forgery and cybercrime. These problems are so intractable and potentially destructive that the collective effort to prevent or contain them has gone global. The imperative of enhanced transparency and financial system integrity, not only in national financial systems but also in the international financial order, has become inevitable. This has resulted in the landmark frameworks of the United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances and the G7's Financial Action Task Force. This paper discusses the legal combat of financial crimes in two major African economies: Nigeria and South Africa, with particular emphasis on money laundering and terrorism financing due to their direct negative macro-economic implications for any economy. The focus on the twin problems in those two economies is based on their pre-eminent position in Africa. The paper examines the legal frameworks for the prevention or containment of the scourge in the two countries and interrogates measures that could engender their effective control.

تاريخ نشر

2020

توصيف ظاهري

130-152

عنوان

African Journal of Legal Studies

شماره جلد

13/2

شماره استاندارد بين المللي پياييندها

1708-7384

اصطلاح موضوعی

financial crimes

اصطلاح موضوعی

money laundering

اصطلاح موضوعی

Nigeria

اصطلاح موضوعی

South Africa

اصطلاح موضوعی

terrorism financing

مستند نام اشخاص تاييد نشده

Nelson Ojukwu-Ogba

مستند نام اشخاص تاييد نشده

Patrick C Osode

شماره بازیابی

10.1163/17087384-12340069

نام الکترونيکي

فرمت انتشار

p

نوع ماده

[Article]

کد کاربرگه

275578

سطح دسترسي

a

تكميل شده

Y