header-logo header-logo

Book review: International Guide to Money Laundering Law and Practice (Fourth Edition)

02 May 2014
Issue: 7604 / Categories: Features
printer mail-detail

"This edition should have a place in every practitioner’s library"

Authors: Arun Srivastava, Mark Simpson, Nina Moffat
Publisher: Bloomsbury
ISBN: 9781847669797
Price: £225

Just as the fourth edition of this invaluable guide is published to update us on all that has happened since the last edition in December 2009; so it is that recent events demonstrate already that there will be much to write about when the hard working editors come to consider a fifth edition in a few years time.

Recently the bitcoin crypto-currency has been in the news with the closure of the Silk Road website and the collapse of Mt Gox and Flexcoin, one a bitcoin exchange and the other a bank. Whatever may be the fate of bitcoin, there are sure to be other crypto-currencies in the future, independent of any central bank control and an obvious attraction for money launderers. This book rightly points out that the international community will have to legislate to combat the threat to the global financial system posed

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The dangers of uncritical artificial intelligence (AI) use in legal practice are no longer hypothetical. In this week's NLJ, Dr Charanjit Singh of Holborn Chambers examines cases where lawyers relied on ‘hallucinated’ citations — entirely fictitious authorities generated by AI tools
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
back-to-top-scroll