Regulating and Combating Money Laundering and Terrorist Finan... - 9780367703035

Taylor & Francis

Regulating and Combating Money Laundering and Terrorist FinancingThe Law in Emerging Economies\nAuthor(s): Nkechikwu Azinge-Egbiri\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780367703035, 978-0367703035\nSynopsis\nThis book analytically reviews the impact of the global anti-money laundering and counter-terrorist financing (AML/CFT) framework on the compliance trajectory of a number of jurisdictions to this framework. The work begins by examining the international financial sector reform and its evolution to inculcate the global framework for AML/CFT regulations. It challenges the resulting uniform AML/CFT due to its paradoxical impact on the compliance trajectory of African countries and emerging economies (ACs/EEs). This is done through an examination of the pre-conditions for effective regulation and compliance drivers for ACs/EEs that reveals the behavioural impact of the AML/CFT standards on the bloc of countries. Throu.