Money Laundering and the Proceeds of Crime Economic Crime and Civil Remedies

Author: Michelle Gallant
Publisher: Edward Elgar Publishing
ISBN: 9781843769514
Published In: February 2005
Format: Hardback , 168 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

Out of stock

Description
Contents
Author

Details

The pursuit of the financial proceeds of criminal activity has become a central theme of contemporary crime control. Initially conceived to tackle the global trade in illegal drugs, these methods have been more recently employed in the context of terrorism. This work offers a judicious account of the national and international strategies which seek to cope with crime by attacking its financial underpinnings. The book focuses on the increasingly civil legal orientation of these strategies – a sea change from criminal prosecutions to civil legal instruments.

The author focuses on developments of the civil strategy in the US and the UK beginning with its historical origins. The work reveals the contradictions that animate the civil approach to criminal finance and discloses the failure of civil devices, as presently constituted, to comply with rights. It bridges the gap between two jurisdictions prominent in this area; the United States and the United Kingdom. This comparative element distinguishes the project from other work in the field that focuses on a single jurisdiction. Critical in its perspective, the work brings balance and reflection to an emergent area of national and international interest.

Money Laundering and the Proceeds of Crime analyzes rather than merely describes the proceeds of crime laws, anti-money laundering regimes and the civil legal approach to criminal finance and as such will have a wide readership. The book will appeal to, amongst others, government actors involved in constructing instruments to confront criminal finance, scholars and researchers working in the area and banks, financial institutions, lawyers and other professional private actors charged with anti-money laundering functions.

1. The Financial Element of Crime

2. Confiscation, Proceeds and the Civil Standard of Proof

3. The Intersection of Civil Proceedings and Crime

4. Forfeiture and Criminal Assets

5. The American Model

6. The Proceeds of Crime Act 2002

7. Criminal Money, Civil Proceedings and European Law

8. Civil Devices and the Financial Element of Crime

References Index

M. Michelle Gallant, Associate Dean, Faculty of Law, University of Manitoba, Canada