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:PrefaceBrigitte Unger and Daan van der Linde PART I: INTRODUCTION1. Introduction Brigitte UngerPART II: THE HISTORY OF MONEY LAUNDERING2. Money Laundering Regulation: From Al Capone to Al Qaeda Brigitte Unger PART III: THE PROBLEM3. The Effects of Money Laundering Joras Ferwerda4. Money Laundering and its Effects on Crime: A Macroeconomic Approach Donato Masciandaro5. Money Laundering, Drugs and Prostitution as Victimless Crimes Loek Groot6. The Costs of Fraud Michael Levi7. Terrorism: Causes, Effects and the Role of Money Laundering Tim Krieger and Daniel MeierrieksPART IV: WHO IS THREATENED BY LAUNDERING ACTIVITIES?8. Measuring Money Laundering Threat Jakub Brettl9. Conducting National Money Laundering or Financing of Terrorism Risk Assessment Stephen Dawe10. Why Do Some States Tolerate Money Laundering? On the Competition for Illegal MoneyKillian J. McCarthy11. Money Laundering and Small States: The Practical Experience of Liechtenstein Prince Michael von und zu Liechtenstein12. The Role of Small States for Financial Market Integrity: AustriaEwald NowotnyPART V: THE SCALE OF THE PROBLEM13. Measuring Global Money Laundering: The ‘Walker Gravity Model’John Walker and Brigitte Unger14. A Preliminary Attempt to Estimate the Financial Flows of Transnational Crime Using the MIMIC Method Andreas Buehn and Friedrich Schneider15. The Scale of the Global Financial Structure Facilitating Money Laundering Raymond W. Baker16. Efforts of the UN to Find Out About Major Routes of Drugs and Drug Money Thomas Pietschmann17. Using Dynamic Macroeconomics for Estimating Money Laundering: A Simulation for the EU, Italy and the United States Michele Bagella, Francesco Busato and Amedeo Argentiero18. Are Estimates of the Volume of Money Laundering Either Feasible or Useful? Peter Reuter19. Crime-Money and Financial Conduct Petrus C. van DuynePART VI: WAYS TO LAUNDER20. International Trade Mispricing: Trade-based Money Laundering and Tax Evasion John S. Zdanowicz21. Detecting Money Laundering in the Real Estate Sector Joras Ferwerda and Brigitte Unger22. Cash Economy, Measuring the Tax Gap from the Tax Administrative Perspective Victor van Kommer23. Is the Netherlands a Tax (H)eaven? Lotte Tromp, Iris van Rossum, Andreas Buehn and Victor van Kommer24. Dirty Complexity: Money Laundering through Derivatives John Biggins25. E-gaming, Money Laundering and the Problem of Risk AssessmentMichael LeviPART VII: LEGISLATION OF MONEY LAUNDERING26. The Risk-based Approach to Anti-Money Laundering and Counter-Terrorist Financing in International and EU Standards: What it is, What it Entails Paolo Costanzo27. Prevention of Money Laundering and Terrorist Financing from a Good Governance Perspective Melissa van den Broek and Henk Addink28. Economic Crimes and Money Laundering: A New Paradigm for the Criminal Justice System? John VervaelePART VIII: IMPLEMENTATION AND EFFECTIVENESS OF AML29. How to Dodge Drowning in Data? Rule- and Risk-based Anti-Money Laundering Policies Compared Brigitte Unger and Frans van Waarden30. Reporting Duty for Lawyers versus Legal Privilege – Unresolved Tension Maaike Stouten and André Tilleman31. 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 Koningsveld32. Access by Law Enforcement Agencies to Financial Data Burkhard Mühl33. The Role of Information for Successful AML Policy Ioana Deleanu34. Evaluating Anti-Money Laundering Policies: Where Are We? Barbara VettoriIndex