TITLE

The weapons of war:The use of anti-money laundering laws against terrorist and criminal enterprises - Part 1

AUTHOR(S)
Rider, Barry A.K.
PUB. DATE
August 2002
SOURCE
Journal of International Banking Regulation;Aug2002, Vol. 4 Issue 1, p13
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In this, the first part of a two-part paper, the author analyses the use of a variety of legal devices that have been developed to assist in the identification and interdiction of the proceeds of serious crime in the 'War Against Terror'. He explores the relationship between attacking the profitability of criminal enterprises, including many terrorist organisations, and the processes of money laundering, particularly in the contexts of the offshore and underground systems. He refers to the new measures that have been taken in the wake of the 11th September, 2001 attacks on the USA and the perhaps largely unforeseen consequences on world financial stability that may result from their implementation. The second part of the paper refers to the development of new strategies designed rather to disrupt criminal and subversive activities, than bring individuals and their wealth before the courts, and the implications that this may have on the traditional justice system.
ACCESSION #
7025899

 

Related Articles

  • THE OBSTACLES TO SUPPRESSING RADICAL ISLAMIC TERRORIST FINANCING. Waszak, John D. G. // Case Western Reserve Journal of International Law;Spring2004, Vol. 36 Issue 2/3, p673 

    The article focuses on the obstacles to suppressing radical Islamic terrorist financing. The Federal Bureau of Investigations estimates that al Qaeda spent $175,000 to $500,000 on the attacks and lost nineteen operatives. The damage to the U.S. was estimated to be in excess of $135 billion and...

  • How to Fight. Cohen, Eliot A. // New Republic;9/24/2001, Vol. 225 Issue 13, p19 

    Discusses the terrorist attack against the United States. View that the attack was an act of war, not a crime; Discussion of the implications of waging war, including a willingness to attack those responsible with the intention of killing them; Strategies for attacking terrorist organizations;...

  • The Original Sin: 'Terrorism' or 'Crime Against Humanity'? Mallat, Chibli // Case Western Reserve Journal of International Law;Spring2002, Vol. 34 Issue 2, p245 

    Focuses on the definition of terrorism and crime against humanity following the September 11 terrorist attacks in the U.S. Repression of opposition movements; Association between the term terrorism and the 19th century anarchist attacks against Russian czars; Contradictions in the definition of...

  • War Comes To America. Anderson, Scott; Falk, John; Mead, Walter Russell // Esquire;Nov2001, Vol. 136 Issue 5, p106 

    Presents information on the September 11, 2001 terrorist attacks in the United States (U.S.). Description of the collapse of the twin towers of the World Trade Center; Details on the search and rescue operations in New York City; Need for the U.S. to wage war against the terrorists.

  • Leaving No Loopholes for Terrorist Financing: The Implementation of the USA PATRIOT Act in the Real Estate Field. Cheney, Elizabeth A. // Vanderbilt Law Review;Oct2005, Vol. 58 Issue 5, p1705 

    The article focuses on the implementation of the USA Patriot Act in the real estate field. The U.S. real estate sector remained stable despite the tragic events of September 11, 2001. On October 26, 2001, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept...

  • USA Patriot Act: Additional Guidance Could Improve Implementation of Regulations Related to Customer Identification and Information Sharing Procedures: GAO-05-412. Jones, Yvonne D. // GAO Reports;5/6/2005, p1 

    Title III of the USA PATRIOT Act of 2001, passed after the September 11 terrorist attacks, amended U.S. anti-money laundering laws and imposed new requirements on financial institutions. Section 326 of the act required the development of minimum standards for verifying the identity of financial...

  • SYMBOLIC MISSILE STRIKES WON'T WORK; WE NEED STERNER MEASURES. O'Hanlon, Michael // Officer;Oct2001, Vol. 78 Issue 9, p26 

    Discusses the United States' response to the September 11, 2001 terrorist attacks in the context of U.S. efforts to respond to acts of terrorism in the 1990s. Distinction between terrorists; Primary purpose of counterattacks against Iraq; Commando strike to seize Osama bin Laden; Provision of...

  • THE ATTA FAMILY ALBUM.  // Time International (South Pacific Edition);9/11/2002, Issue 35, p11 

    Reports that the father of Mohamed Atta, the alleged ringleader of the September 11, 2001 hijackers, does not believe his son led the terror attacks. Family photographs of Atta's childhood and life.

  • ...and an Agent Speaks Out Against the Blame Game. An FBI Field Agent // Time; 

    Presents the view of a U.S. Federal Bureau of Investigation (FBI) field agent regarding blame for the failure to prevent the September 11, 2001, terrorist attacks. Argument that a memo warning that terrorists might be studying in American flight schools was not unusual; Reasons the FBI would...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics