Louis de Koker – författare

Blockchains and cryptocurrencies, open banking, virtual assets, and artificial intelligence have become the buzzword of this decade. This book focuses on these ‘disruptive’ financial technologies that provide alternatives to the traditional financial services typically offered by regulated financial institutions. Financial technologies are characterized by the innovative ways in which they initiate, support or extend traditional financial services or offer alternative financial pathways and products. However, these financial technologies also pose money laundering and terrorist and proliferation financing as well as cyber security risks that require mitigation. This edited volume addresses a range of regulatory and enforcement challenges related to financial technology and financial crime.

The book responds to the United Nations’ Sustainable Development Goals, in particular in relation to economic development, employment, national security, law enforcement and social well-being. Fostering responsible financial innovation promotes long-term economic growth, inclusion, and improved living standards. This book explores how to promote financial innovation while mitigating risks in a way that ensures financial prosperity and social inclusion.

Dive into the intricate realm of modern financial crime combating with this latest collection. Edited by global experts and featuring contributions from leading international scholars, the collection spans a spectrum of financial crimes, including crypto crime, terrorist financing, illegal logging, and money laundering. The collection provides focused insights into institutional risk-based compliance, offering perspectives on practices employed by banks and challenges faced in implementing risk-based measures to combat the financing of weapons of mass destruction. Additionally, it explores the interplay between cannabis regulation and money laundering. 

The collection raises thought-provoking questions about the effectiveness and efficiency of the risk-based approach to financial crime. It explores the evidence supporting its implementation and whether it has proven to be the best alternative. Specific concerns regarding bias and discrimination, especially in relation to mutual evaluations conducted by the Financial Action Task Force, are addressed. In light of these concerns and current evidence, the collection provides constructive proposals and enhances the understanding of the challenges that need to be navigated in the ongoing fight against financial crime. 

This book a product of the Financial Integrity Hub (FIH), is essential reading for professionals, scholars, and anyone interested in staying ahead in the ever-evolving landscape of financial crime risk management.

Chapters "The Crime-Crypto Nexus: Nuancing Risk across Crypto-Crime Transactions" and "The FATF’s Combating of Financing of Proliferation Standards: Private Sector Implementation Challenges" are available open access under a Creative Commons Attribution 4.0 International License> via link.springer.com.

Embark on a journey through the dynamic landscape of global financial crime combating with our latest collection, meticulously curated by leading researchers. At the intersection of finance, technology, law, governance, and international cooperation, this multidisciplinary exploration offers profound insights into the nuanced world of financial crime across diverse jurisdictions, including Australia, Germany, New Zealand, Nigeria and the United Kingdom.

Discover a wealth of knowledge as contributors investigate facets such as asset forfeiture, non-conviction-based asset recovery, money laundering in the real estate sector, and the challenges and opportunities posed by new technologies and fintechs. Unravel the crypto crime and terror nexus and explore the necessity of public–private collaboration to combat the abuse of Non-Fungible Tokens. Dive into policy approaches, including the WireCard scandal, and understand how good governance, both public and corporate, remains paramount in the fight against financial crime.

As we navigate an age of intergovernmental rulemaking, the collection emphasizes the crucial role of robust governance frameworks and examines the impact of permissive regulation on practices in the City of London. Delve into discussions on crime risk, risk management, de-risking, and the potential consequences of overcompliance and conservative risk approaches on financial exclusion levels.

While global standards on financial crime have solidified over the past three decades, the future direction of standard-setting and compliance enforcement remains uncertain in our complex global political landscape. The collection concludes by pondering these current challenges, offering a thought-provoking exploration of what lies ahead.

This collection a product of the Financial Integrity Hub (FIH), serves as a valuable resource for financial regulators, compliance officers, and scholars, offering profound insights and perspectives to navigate the dynamic landscape of financial crime combatting.

Chapters "Non-Conviction-Based Asset Recovery in Nigeria – An Additional Tool for Law Enforcement Agencies?", "''De-risking’ Denials of Bank Services: An Over-Compliance Dilemma?" and "Terror on the Blockchain: The Emergent Crypto-Crime-Terror Nexus" are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.