Literature Review of International Anti-Money Laundering Research: A Scientometrical Perspective

Mei, Dexiang; Ye, Yanyan; Gao, Zengan

doi:10.4236/jss.2014.212016

Cited by 9 publications

(6 citation statements)

References 14 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In October 2004, an additional Special Recommendation was added to the existing measures of anti-money laundering (AML). Furthermore, the 40 + 9 recommendations were revised in 2012 focusing on risk-based approach and integrated comprehensively supplementary statements on anti-money laundering, money proliferation and anti-terrorism [5] . Regulatory technology (RegTech) has shown vitally to increase its agreements and its demand has illustrated advanced threshold for banking regulators since this technological solution has an enhanced capacity for supervision and regulation of compliance.…”

Section: Methodsmentioning

confidence: 99%

Code development of regulatory technology for legitimacy of cybersecurity adjudication

Llarena¹

2022

Int. J. Political Sci. Governance

View full text Add to dashboard Cite

Artificial Intelligence (AI) on cybersecurity is designed to control financial transactions and agreements worldwide. It is an innovative regulatory tool architecturally networked to combat cyber threats and attacks in various degrees of war and crime perpetration from various banking industries and its corresponding government authority functions with implementing arms for execution of monitoring, reporting, and compliance. Regulatory Technology (RegTech) is an AI tool used by treasury departments and institutions, both local and private, for tracking malicious threats possible for money laundering and terrorism financing concealed in various settlements around the world. However, cybersecurity decisions need conformity in regulations and proceedings that it aims to engineer code development involving attacks under Regulatory Technology usage for administrative functions in favor of the financial intelligence authorities for combating and resolving issues on cyberwar. Therefore, political adjudication is a developing means of resolving gaps and optimizing judicial process principles within the policy function of financial intelligence. Hence, international laws and its accompanied policies must be globally harmonized in terms of federal and transnational tracking of financial flows of assets.

show abstract

Section: Methodsmentioning

confidence: 99%

Code development of regulatory technology for legitimacy of cybersecurity adjudication

Llarena¹

2022

Int. J. Political Sci. Governance

View full text Add to dashboard Cite

show abstract

“…Mostly, the data sources for past reviews were policy documents and reports related to money laundering. Moreover, past reviews tended to focus on the role of machine learning and artificial intelligence in mitigating money laundering (Alsuwailem and Saudagar, 2020; Chen et al , 2018; Han et al , 2020), bibliometric characteristics of publications (Mei et al , 2014) and the role of nonprofit organizations (Omar et al , 2014) or shell companies (Tiwari et al , 2020) in laundering money. Alternatively, we distinguish our study by emphasizing the money laundering aspects relevant to IB.…”

Section: Methodsmentioning

confidence: 99%

“…To find the relevant studies in the databases, we used Boolean logic by applying various combinations of relevant search keywords and finding those search combinations in the title, abstract and keywords of each study (Hjørland, 2015). The combinations of words were based on search criteria used in recent reviews on money laundering and IB (see systematic reviews of Bahoo et al , 2020; Mei et al , 2014). This helped us to identify the maximum number of studies that dealt with money laundering from the IB perspective.…”

Section: Methodsmentioning

confidence: 99%

Money laundering as a transnational business phenomenon: a systematic review and future agenda

Isolauri

Ameer

2022

CPOIB

View full text Add to dashboard Cite

Purpose Money laundering continues to emerge as a transnational phenomenon that has harmful consequences for the global economy and society. Despite the theoretical and practical magnitude of money laundering, international business (IB) research on the topic is scarce and scattered across multiple disciplines. Accordingly, this study aims to advance an integrated understanding of money laundering from the IB perspective. Design/methodology/approach The authors conduct a systematic review of relevant literature and qualitatively analyze the content of 57 studies published on the topic during the past two decades. Findings The authors identify five streams (5Cs) of research on money laundering in the IB context: the concept, characteristics, causes, consequences and controls. The analysis further indicates six theoretical approaches used in the past research. Notably, normative standards and business and economics theories are dominant in the extant research. Research limitations/implications The authors review the literature on an under-researched but practically significant phenomenon and found potential for advancing its theoretical foundations. Hence, the authors propose a 5Cs framework and a future agenda for research and practice by introducing 21 future research questions and two plausible theories to help study the phenomenon more effectively in the future. Practical implications In practical terms, the study extends the understanding of the money laundering phenomenon and subsequently helps mitigating the problem of money laundering in the IB environment, along with its harmful economic and societal impacts. Originality/value The authors offer an integrative view on money laundering in the IB context. Additionally, the authors emphasize wider discussions on money laundering as a form of mega-corruption.

show abstract

“…These vulnerabilities have made it easier to hack and commit crimes such as illegal transfers of funds, identity theft, fraud and much more (Marty 2013). Litview Literre Review Literature Review Mei and Gao (2014) These legal frameworks represent high costs for the whole sector (e.g., obliged persons) especially as regards implementing automated procedures for evaluating unusual business operations, which amount to more than EUR 3 billion per year just in Slovakia. Under the legislation referred to in the previous paragraph, any legal or natural person who executes a non-standard financial operation becomes an obliged person with a duty to report the UBO.…”

Section: Literature Reviewmentioning

confidence: 99%

Detection of Unusual Business Operations

Korauš¹,

Vagaská²,

Černák³

2022

Conferencii

View full text Add to dashboard Cite

show abstract

Literature Review of International Anti-Money Laundering Research: A Scientometrical Perspective

Cited by 9 publications

References 14 publications

Code development of regulatory technology for legitimacy of cybersecurity adjudication

Code development of regulatory technology for legitimacy of cybersecurity adjudication

Money laundering as a transnational business phenomenon: a systematic review and future agenda

Detection of Unusual Business Operations

Contact Info

Product

Resources

About