The Determinant of Money Laundering: Evidence from Italian Regions

Reganati, Filippo; Oliva, Maria

doi:10.3846/cbme.2017.015

Cited by 3 publications

(2 citation statements)

References 12 publications

(13 reference statements)

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“…Estimated results showed that there was a negative relationship between laws or regulations and money laundering across countries. Reganati and Oliva (2017) found the determinants of money laundering from the regions of Italy. Data was taken annually from 2008 till 2015.…”

Section: Literature Reviewmentioning

confidence: 99%

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Non-linear impact of globalization on financial crimes: a case of developing economies

Amjad

Rafay

Arshed

et al. 2021

JMLC

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Purpose The Financial Action Task Force defines money laundering as “processing of these criminal proceeds to disguise their illegal origin”. This is the major portion of financial crime that has ties across borders and like all financial crimes which are well planned and camouflaged, this crime is difficult to detect and deter. Over the years, on one side, globalization has provided development opportunities, it has also become one reason for the pervasiveness of money laundering. This has led to a disturbance in the global financial system and social unrest as proceeds from money laundering are being used in terrorism. The purpose of this study is to explore the non linear effect of globalization on financial crime in the form of money laundering. Design/methodology/approach An investigation based on 119 developing countries from the time period of 1985 till 2015 is conducted in this study. The panel quantile regression model was used to estimate antecedents of money laundering. Findings The study confirmed that globalization follows an inverted U-shaped relationship with money laundering. Furthermore, indicators such as investment portfolio and socioeconomic conditions have a significant effect on money laundering. Originality/value The panel quantile regression model was used to estimate antecedents of money laundering.

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Section: Literature Reviewmentioning

confidence: 99%

“…Reganati and Oliva (2017) found the determinants of money laundering from the regions of Italy. Data was taken annually from 2008 till 2015.…”

Section: Literature Reviewmentioning

confidence: 99%

Non-linear impact of globalization on financial crimes: a case of developing economies

Amjad

Rafay

Arshed

et al. 2021

JMLC

View full text Add to dashboard Cite

show abstract

Money laundering risk from emerging markets: the case of Vietnam

Hung

Huynh

2018

JMLC

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Purpose The purpose of this paper is to apply the framework Price (2008) and HSBC Money Laundering Risk Procedures 2016 for estimating the risk contribution of each individual customer in Vietnamese banking system using the information from the survey in South East region in Vietnam in general and Ho Chi Minh city in specific. Design/methodology/approach Based on the collected data from the survey, the Money Laundering Risk Score (MLRS) is calculated for each customer who is using the services and products of Vietnamese commercial banks by the enhanced measurement model of Christopher Price, the ordinary least squares and three variations of logistic regression model. Findings This paper proposes an appropriate estimation of the money laundering risk (MLR) for personal customer using the most significant factors that affects MLR and suggests practical recommendations for commercial banking system. Practical implications This paper suggests an intuitive method to estimate the contribution of each customer factor on their MLRS. Originality/value The higher respondent’s group of age lead to the higher MLR occurred in the financial market. Follow the works of Wolfsberg et al. (2006), Sathan and Mahendhiran (2007), Usman Kemal (2014) and Reganati and Oliva (2017), this paper also confirms negative relationship between MLR with the respondent’s group of salary and the academic level. This indicated that the lower amount of money the respondents earn and lower academic level they were, the higher degree of MLR.

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Analysis of the methods and trends of money laundering by import – export transactions

Beketnova

2021

Upravlenie

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The article discusses the urgent problem of money laundering. In an effort to circumvent the law and avoid justice, seeking to circumvent the law and avoid justice, criminals resort to a wide variety of ways and methods of money laundering. However, typical patterns or patterns in the organization of shadow financial services schemes can be traced. The study of typologies of money laundering is considered by the international anti-money laundering community as one of the areas that ensure the strategic superiority of state bodies in the fight against this phenomenon.The purpose of the study is to identify trends in money laundering in foreign economic transactions and methods of counteraction. The research method is typological analysis. For a long time, the study of typologies in financial monitoring was of an empirical nature, an attempt was made in this article to systematize and scientifically interpret the accumulated knowledge. The article examines examples of typologies of export-import transactions, including “carousel” commodity schemes, highlights the indicators of this type of money laundering schemes. The regulatory authorities can adopt the research results.

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The Determinant of Money Laundering: Evidence from Italian Regions

Cited by 3 publications

References 12 publications

Non-linear impact of globalization on financial crimes: a case of developing economies

Non-linear impact of globalization on financial crimes: a case of developing economies

Money laundering risk from emerging markets: the case of Vietnam

Analysis of the methods and trends of money laundering by import – export transactions

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