Financial Crimes

More about the book

Financial market reform has primarily addressed the instability caused by risky activities of financial institution leaders. However, organized crime, white-collar crime, and corruption significantly impact financial systems globally and must be tackled for genuine reform. This collection of articles by experts underscores the need to confront illegal financial activities as part of a comprehensive reform strategy. Originating from the 23rd Annual Meeting of the Academic Council on the United Nations System (ACUNS) in Vienna, the book delves into key themes from this prestigious symposium. The first section explores the evolution of security concepts across history and nations, highlighting how an event in Austria prompted a new security philosophy adopted by much of the European Union. It discusses various models developed to prevent security threats and the expanding role of the United Nations Security Council. The next section assesses the current global security landscape, detailing the range of criminal activities affecting the financial sector. Contributors share methods for identifying criminal behaviors and combating illegal activities, including media involvement. The final section presents alternative strategies to avert future financial crises through investigative reporting, human factors analysis, and legislative initiatives. This insightful work emphasizes the warning signs of illegal activities and effective met