Fabian Teichmann Book order

Focusing on the challenges in combating terrorist financing, this monograph identifies key criminal procedural barriers that hinder effective law enforcement. It explores how these obstacles impact not only the fight against terrorism but also other criminal activities, providing insights into the complexities of legal frameworks and suggesting potential improvements for more effective prosecution and prevention strategies.

This book analyzes a broad variety of compliance issues. In particular, methods of money laundering, terrorism financing, bribery, unfair competition and circumventing sanctions are discussed. Both prevention and criminal perspectives are taken into account. The identification of gaps in existing prevention mechanisms is meant to provide compliance officers, law enforcement agencies and legislators with valuable insights into how criminals operate. Those insights are then used to elaborate effective compliance mechanisms. Students and practitioners gain valuable knowledge about how criminals operate and will therefore be able to anticipate and prevent criminal behavior.

Over the past two decades, following increased enforcement of anti-corruption regulations, anti-bribery compliance solutions have become ever more important to businesses worldwide. An extensive variety of anti-bribery instruments has been developed, yet, to date, incentive systems have received relatively little research attention as a likely mechanism with which to eliminate bribery in multinational corporations. Hence, this study investigates whether and how incentive systems might be designed specifically in order to prevent corruption in multinational corporations. In particular, it evaluates how incentive systems could help to increase both compliance with formal anti-bribery procedures and anti-bribery whistleblowing. It is found that a combination of a performance matrix, a bonus for innovation and leadership in compliance, and a malus for non-compliance could indeed help to increase anti-bribery compliance. In addition, the study’s results suggest that a histleblowing bonus would also be a constructive component of companies’ incentive systems.