International Anti-Money Laundering and Soft Law: Approaches to Regulation

This book explores the role of soft law in combating money laundering, addressing treaty obligations and its effectiveness in regulating global activities. It is a valuable resource for academics, researchers, and policy-makers in the fields of financial crime, anti-money laundering law, regulation, international soft law, and comparative law.

Format: Hardback
Length: 226 pages
Publication date: 16 November 2023
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the multifaceted role of soft law as a powerful tool for suppressing and preventing money laundering. The convergence of a non-traditional subject matter with the constraints of traditional international legal instruments has prompted lawmakers seeking global solutions to combat money laundering to innovate. This book addresses two critical issues that have hitherto been overlooked in the context of existing international and domestic responses to the problem of money laundering. Firstly, it examines the nature of treaty obligations to criminalize money laundering, shedding light on the legal framework for combating this global crime. Secondly, it explores the role of soft law as a technique to regulate money laundering on a global scale, highlighting its effectiveness in achieving international legal harmonization and approximation of domestic anti-money laundering laws.

Drawing from a wealth of scholarly research and practical insights, the book concludes that international legal harmonization and approximation of domestic anti-money laundering law through soft law remains an invaluable approach in addressing this pressing problem. The book is of immense interest to academics, researchers, and policy-makers engaged in the fields of Financial Crime, Anti-Money Laundering Law, Regulation, International Soft Law, and Comparative Law. It offers valuable insights and perspectives that will contribute to the ongoing efforts to combat money laundering and promote financial stability and integrity worldwide.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032449241