Activities per year
Abstract
The rapid development, increased functionality, and growing use of new payment systems (NPSs) has created global challenges for countries and private-sector institutions in ensuring that these systems are not misused for money laundering and terrorist financing purposes. This development has attracted the attention of anti-money laundering and countering terrorist financing (AML/CTF) authorities as they seek to develop and implement AML/CTF regulations for NPSs. This chapter examines the fundamental trend towards electronic payments. The basic need for terrorist organisations to raise, move, and use funds has remained constant; however, their methods of raising and managing funds have evolved over time. This chapter focuses on the CTF risks of NPSs especially within the UK legal regime. This approach differs from other literature in the field, which deals solely with the UK CTF regime or with other international standards, usually migration from paper focusing on the criminalisation of terrorist financing. The chapter will consider the CTF regime in the United Kingdom in the context of emerging innovative payment systems.
Original language | English |
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Title of host publication | Assets, crimes, and the state |
Subtitle of host publication | innovation in 21st century legal responses |
Editors | Katie Benson , Colin King, Clive Walker |
Place of Publication | London ; New York |
Publisher | Routledge, Taylor and Francis Group |
Chapter | 9 |
Pages | 125-139 |
Number of pages | 15 |
ISBN (Electronic) | 9780429398834 |
ISBN (Print) | 9780367025922 |
DOIs | |
Publication status | Published - 2020 |
Publication series
Name | Transnational Criminal Justice |
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Publisher | Routledge |
Keywords
- New Payment System
- Counter Terrorist Financing
- FATF
Fingerprint
Dive into the research topics of 'New payment systems: potential counter-terrorist financing risks and the legal response in the United Kingdom'. Together they form a unique fingerprint.Activities
- 2 Presentation
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Global norms reshaping Australian counter terrorist financing laws - the case of new payment systems
Doron Goldbarsht (Speaker)
30 Aug 2019Activity: Talk or presentation › Presentation
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AsianSIL 7th Biennial Conference: Rethinking International Law: Finding Common Solutions to Contemporary Civilizational Issues from an Asian Perspective
Doron Goldbarsht (Speaker)
22 Aug 2019 → 23 Aug 2019Activity: Talk or presentation › Presentation
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Global counter-terrorist financing and soft law: multi-layered approaches
Goldbarsht, D., 2020, Cheltenham, UK ; Northampton, MA, USA: Edward Elgar Publishing. 272 p.Research output: Book/Report › Book › peer-review
13 Citations (Scopus) -
Legal and regulatory approaches to counter-terrorist financing: the case of Australia
Michaelsen, C. & Goldbarsht, D., 2018, The Palgrave handbook of criminal and terrorism financing law. King, C., Walker, C. & Gurulé, J. (eds.). Cham, Switzerland: Palgrave Macmillan, p. 807-833 27 p.Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review
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Shedding light on shadow banking: the money or value transfer service regime in Australia and its origins
Goldbarsht, D., Jun 2018, In: Journal of Criminal Justice. 82, 3, p. 264-276 13 p.Research output: Contribution to journal › Article › peer-review
3 Citations (Scopus)