| Author | Dousson, Laurent |
| Call Number | AIT RSPR no.SM-03-106 |
| Subject(s) | Money laundering--Asia, Southeastern
|
| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-03-106 |
| Abstract | Just as global business has expanded in the last two decades, exploiting new technologies
and the lowering of barriers to commerce, the business of crime has also seized these
opportunities. No less than any other commercial endeavor, criminals in every region
have exploited the advantages conveyed by the global marketplace, whether they apply to
drugs, prostitution, fraud, or other transnational crimes. Criminals have also been able to
exploit the revolution in global finance. In particular, changes in information technology
have made it easier for criminal assets to move across borders, through financial markets
and out of reach of the law. Money laundering is then an issue of global dimensions - so a
strong international response is necessary - especially in implementing international antimoney
laundering standards, policy and legislation.
However, generic standards cannot account for the unique factors that exist in some
places and so there must be consideration for the needs of individual and regional
economies. Especially in the Southeast Asia, a region mixing distinctive economies
(more or less weakened by the 1997 Asian Crisis) and distinctive countries with different
cultural and political backgrounds, the matter is to see how this region has been able to
develop countermeasure methods against money laundering and what are the remaining
challenges.
This study will first make a review of the main actors on the subject both regional and
international and with this description see how each organization define money
laundering. The first part will also allow us to set up the definition of money laundering
and its process. The second part handles the phenomenon by analyzing its amount,
sources and methods. Then the third part identifies the challenges of the fight against
money laundering on three scales: business, regional and international. The objective of
the study at large is to give the reader a first hint on the phenomenon and to give him all
the resources to understand what is money laundering, the scale of the problem in the
concerned region and finally what are the challenges and the possible solutions to fight
money laundering. |
| Year | 2003 |
| Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-03-106 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Tang, John C.S.; |
| Examination Committee(s) | Venkatesh, Sundar;
Amoussou-Guenou, Roland; |
| Scholarship Donor(s) | -; |
| Degree | Research report (M.Sc.) - Asian Institute of Technology, 2003 |