The Law Relating to Financial Crime in the United Kingdom (2^nd Ed.)
The Law of Financial Crime Series

Outlining the different types of financial crime and their impact, this book is a user-friendly, up-to-date guide to the regulatory processes, systems and legislation which exist in the UK. Each chapter has a similar structure and covers individual financial crimes including money laundering, terrorist financing, fraud, insider dealing, market abuse, bribery and corruption and finally tax avoidance and evasion. Offences are summarized and their extent is evaluated using national and international documents. Detailed assessments of financial institutions and regulatory bodies are made and the achievements of these institutions are analysed. Sentencing and policy options for different financial crimes are included and suggestions are made as to how criminal proceeds might be recovered.

This second edition has been fully updated and includes a section on cybercrime and a new chapter on tax evasion. Case summaries have also been included in those chapters where a criminal justice route is used by the prosecuting authorities.

Chapter 1

Introduction

Introduction

What is financial crime?

The extent of financial crime

The importance of financial crime regulation

Contents review

Introduction

The money laundering process

What is the offence of money laundering?

The extent of money laundering

Policy background – where did the offence originate from

Financial institutions and regulatory bodies

Financial Intelligence

Sentencing and recovery

Future recommendations

Further reading

Introduction

What is the offence of terrorist financing?

The extent of terrorist financing

Policy background – where did the offence originate from

Financial institutions and regulatory bodies

Financial Intelligence

Sentencing and recovery

Future recommendations

Further reading

Introduction

What is the offence of fraud?

Fraud and Cybercrime

The extent of fraud

Policy background – where did the offence originate from

Financial institutions and regulatory bodies

Financial Intelligence

Sentencing and recovery

Future recommendations

Further reading

Introduction

What is the offence of insider dealing?

The extent of insider dealing

Policy background

Financial institutions and regulatory bodies

Sentencing and recovery

Market manipulation

Future recommendations

Further reading

Introduction

What are the civil and criminal offences of market abuse?

The civil market abuse regime

Market Abuse Regulation

The extent of market abuse

Financial institutions and regulatory bodies

Reporting of Suspicious Transactions

Sentencing and recovery

Future recommendations

Further reading

Introduction

What is the offence of bribery?

The extent of Bribery

Policy background

Financial institutions and regulatory bodies

Financial Intelligence

Sentencing and recovery

Future recommendations

Further reading

Introduction

What are the offences?

The extent of tax evasion

Policy background

Financial institutions and regulatory bodies

Sentencing and recovery

Future recommendations

Further reading

Introduction

Money Laundering

Terrorist Financing

Fraud

Insider Dealing

Market Abuse

Bribery and Corruption

Tax Evasion/Avoidance

Final thoughts

Karen Harrison is Senior Lecturer in Law at the University of Hull. Her teaching and research interests focus on criminal law, penology and the sentencing and management of dangerous offenders. She has published extensively across these topics.

Nicholas Ryder is Professor in Financial Crime at Bristol Law School, University of the West of England, Bristol. He teaches and researches in the areas of commercial law, financial crime, and credit unions. He has published widely on these and related areas.