Money Laundering as a Cybercrime of White-Collars
Money Laundering as a Cybercrime of White-Collars
Author(s): Michaela PoremskáSubject(s): Criminal Law, Criminology, Corruption - Transparency - Anti-Corruption
Published by: Masarykova univerzita nakladatelství
Keywords: Money laundering; white-collar crime; cybercrime; UN Narcotics Convention; Convention on money laundering; Convention on Cybercrime; Directive 2005/60/EC; RICO; Jurado case; underground banking;
Summary/Abstract: After introducing money laundering as a white-collar crime and as a cybercrime, the presentation of first international anti-money laundering conventions and activities starts. Then the article continues with the text about how the Convention on Cybercrime extends the regulation of the Convention on money laundering. It is followed by the analyze of the contemporary EU legislation and national regulations in EU states focusing on money laundering offences influenced by the above mentioned European conventions - the Czech Republic, the Slovak Republic and the Republic of Hungary.The European regulation is compared with the legislation of the United States of America and their case law (Jurado case and Russia v. Bank of NY Mellon). Finally a few notes about underground banking and offshore banking centres are written.
Journal: Masaryk University Journal of Law and Technology
- Issue Year: 3/2009
- Issue No: 3
- Page Range: 387-400
- Page Count: 14
- Language: English