AI, Law and Ethics in Countering Financial Crime

Adam Abukari is an assistant professor in Law at Coventry University. He conducts research on energy innovation, rule of law, and countering economic crime. He has contributed to EU-funded projects like PROTAX, TRACE, and KEYSTONE. His interdisciplinary work explores law, business, and development to advance human rights, sustainability, and societal security. Athina Sachoulidou is an assistant professor of Criminal Law at the Aristotle University of Thessaloniki (AUTH). Prior to joining AUTH, she was an assistant professor at NOVA School of Law and a Max Weber fellow at the European University Institute. Her research currently focuses on digitalisation of law enforcement and criminal justice. Dimitrios Kafteranis is an associate professor of Law at the Centre for Resilient Business and Society, Coventry University. His research focuses on financial crime, emerging technologies, and whistleblowing. He participated in national and international research projects, including the EU-funded TRACE project. He has published on financial crime, technology, and whistleblowing. Umut Turksen is Professor of Law at the University of Exeter. He specialises in legal risk, compliance, and business development. He leads EU projects on societal security. He is widely published in international law, trade, energy, and arbitration.

• 1. Introduction Adam Abukari, Athina Sachoulidou, Dimitrios Kafteranis and Umut Turksen; 2. Governing AI internationally and its socio-legal implications for law enforcement processes Alexander Murphy, Joshua Hughes, Anastasia Kordoni and Reinhard Kreissl; 3. Know your red flags: detecting trends and patterns in financial crime Moran Harari, Dimitrios Kafteranis, Markus Meinzer, Lucas Millan-Narotzky and Alison Schultz; 4. Use of AI in law enforcement – the present and future prospects Joachim Klerx, Lukas Vilim, Stefan Hopf, Thea Sogenbits and Umut Turksen; 5. The interplay between socio-ethical, legal and technological standards in developing automated law enforcement systems: the case of AI-enabled crime analytics Anastasia Kordoni, Athina Sachoulidou and Christina Rego de Oliveira; 6. Cross border investigation of financial crime empowered by AI Adam Abukari, Dimitrios Kafteranis, Stefan Hopf and Thea Sogenbits; 7. Dual use of emerging technologies and decentralised financial assets Vladlena Benson and Bogdan Adamyk; 8. The use of AI by banks in financial crime risk management Adam Abukari, Julia Werberich and Ololade Durodola; 9. Leveraging artificial intelligence in citizenship by investment programmes: a framework for minimum due diligence standards to counter financial crime Jeiel Joseph, Lucas Millan-Narotzky and Umut Turksen; 10. Conclusion Adam Abukari, Umut Turksen, Athina Sachoulidou and Dimitrios Kafteranis; Bibliography.