Money Laundering Enforcement Challenges. Cases in Criminal or Civil Courts

      Аннотация: During the past decades, developed and developing economies have used Anti-Money Laundering Laws (AML) measures to combat corruptive behavior throughout their financial industry. The corruptive behavior will always have a negative impact on the local financial sector because it influences management to use unethical and immoral practices when doing financial transactions in a global market. Also, it can help to distort business environment that does not recognize the Ethical Decision-Making Framework (EDM) process in accordance to the corporate governance under the Sarbanes-Oxley Act (SOX). It also can lead to strategic control measures that will discourage an organization's core moral values and culture compliance policies and procedures. Since (AML) is the first line of defense to detect and prevent illicit money transactions from one entity to another. This book will address how developed nations (U.S. and U.K) and developing countries (Latin America and Africa economies) have used EDM approach or not to develop an ethical code of conduct their financial industry to combat money laundering activities.

Ключевые слова: Business Law, Corporate Governance, SOX, Compliance and Risk Management, International Banking Laws, business ethics, stakeholders, Ethical-Decision Making