Research Handbook on Money Laundering

Edited by Brigitte Unger, Utrecht University School of Economics, the Netherlands and former Director, Institute of Economic and Social Research WSI in Dusseldorf, Germany and Daan van der Linde, PhD candidate, Utrecht University School of Economics, the Netherlands

Contents:

Preface
Brigitte Unger and Daan van der Linde

PART I: INTRODUCTION
1. Introduction
Brigitte Unger

PART II: THE HISTORY OF MONEY LAUNDERING
2. Money Laundering Regulation: From Al Capone to Al Qaeda
Brigitte Unger

PART III: THE PROBLEM
3. The Effects of Money Laundering
Joras Ferwerda

4. Money Laundering and its Effects on Crime: A Macroeconomic Approach
Donato Masciandaro

5. Money Laundering, Drugs and Prostitution as Victimless Crimes
Loek Groot

6. The Costs of Fraud
Michael Levi

7. Terrorism: Causes, Effects and the Role of Money Laundering
Tim Krieger and Daniel Meierrieks

PART IV: WHO IS THREATENED BY LAUNDERING ACTIVITIES?
8. Measuring Money Laundering Threat
Jakub Brettl

9. Conducting National Money Laundering or Financing of Terrorism Risk Assessment
Stephen Dawe

10. Why Do Some States Tolerate Money Laundering? On the Competition for Illegal Money
Killian J. McCarthy

11. Money Laundering and Small States: The Practical Experience of Liechtenstein
Prince Michael von und zu Liechtenstein

12. The Role of Small States for Financial Market Integrity: Austria
Ewald Nowotny

PART V: THE SCALE OF THE PROBLEM
13. Measuring Global Money Laundering: The ‘Walker Gravity Model’
John Walker and Brigitte Unger

14. A Preliminary Attempt to Estimate the Financial Flows of Transnational Crime Using the MIMIC Method
Andreas Buehn and Friedrich Schneider

15. The Scale of the Global Financial Structure Facilitating Money Laundering
Raymond W. Baker

16. Efforts of the UN to Find Out About Major Routes of Drugs and Drug Money
Thomas Pietschmann

17. Using Dynamic Macroeconomics for Estimating Money Laundering: A Simulation for the EU, Italy and the United States
Michele Bagella, Francesco Busato and Amedeo Argentiero

18. Are Estimates of the Volume of Money Laundering Either Feasible or Useful?
Peter Reuter

19. Crime-Money and Financial Conduct
Petrus C. van Duyne

PART VI: WAYS TO LAUNDER
20. International Trade Mispricing: Trade-based Money Laundering and Tax Evasion
John S. Zdanowicz

21. Detecting Money Laundering in the Real Estate Sector
Joras Ferwerda and Brigitte Unger

22. Cash Economy, Measuring the Tax Gap from the Tax Administrative Perspective
Victor van Kommer

23. Is the Netherlands a Tax (H)eaven?
Lotte Tromp, Iris van Rossum, Andreas Buehn and Victor van Kommer

24. Dirty Complexity: Money Laundering through Derivatives
John Biggins

25. E-gaming, Money Laundering and the Problem of Risk Assessment
Michael Levi

PART VII: LEGISLATION OF MONEY LAUNDERING
26. The Risk-based Approach to Anti-Money Laundering and Counter-Terrorist Financing in International and EU Standards: What it is, What it Entails
Paolo Costanzo

27. Prevention of Money Laundering and Terrorist Financing from a Good Governance Perspective
Melissa van den Broek and Henk Addink

28. Economic Crimes and Money Laundering: A New Paradigm for the Criminal Justice System?
John Vervaele

PART VIII: IMPLEMENTATION AND EFFECTIVENESS OF AML
29. How to Dodge Drowning in Data? Rule- and Risk-based Anti-Money Laundering Policies Compared
Brigitte Unger and Frans van Waarden

30. Reporting Duty for Lawyers versus Legal Privilege – Unresolved Tension
Maaike Stouten and André Tilleman

31. Money Laundering – ‘You Don’t See It, Until You Understand It’: Rethinking the Stages of the Money Laundering Process to Make Enforcement More Effective
Jan van Koningsveld

32. Access by Law Enforcement Agencies to Financial Data
Burkhard Mühl

33. The Role of Information for Successful AML Policy
Ioana Deleanu

34. Evaluating Anti-Money Laundering Policies: Where Are We?
Barbara Vettori

Index