Content Advisory
Please be aware that this content contains descriptions of violence that may be distressing to some viewers.NCJ Number
306015
Journal
Crime Law and Social Change Volume: 45 Dated: 2006 Pages: 315-336
Date Published
2006
Length
22 pages
Annotation
This paper challenges the widely shared view that the United States and international frameworks regulating terrorist finance and money laundering (AML/CFT) is productive and effective.
Abstract
Through a careful look at the evidence regarding the formal and informal fund transfer systems, this paper shows that security, crime control, and economic policy objectives are systematically frustrated by ill-conceived and misapplied rules. U.S. federal and state regulations in particular illustrate how unrealistic, unaffordable, and counter-productive are current arrangements. The paper concludes with some suggestions about how to reverse the ongoing fact-free policymaking process. (Published abstract provided)
Grant Number(s)
2003-DT-CX-0001
Agencies
NIJ-Sponsored
Publication Type
Research (Applied/Empirical)
Date Published: January 1, 2006