The international financial crisis which began in August 2007 brought into sharp focus the regulation of the financial services industry. However, even before then, the quest to control money-laundering, Executive excesses, terrorist financing and financial crime generally, had resulted in the upsurge of a new regulatory environment worldwide.
In Risky Business, the Contributors, bringing both expertise and experience, present different perspectives on the new regulatory practices and offer guidance on the role of governance in the scheme of regulatory reform. Divided into two parts: International Perspectives and Jamaican Perspectives, the book firstly focuses on the wider global regulatory context, while the second part examines the Jamaican situation and the initiatives taken there primarily through the passage and implementation of the Proceeds of Crime Act (POCA).
While of particular interest to scholars and practitioners of financial regulation, company and commercial law, and comparative law, the easy and accessible presentations of the contributions in Risky Business will also enlighten the gen
- TABLE OF CONTENTS
- TABLE OF CASES
- TABLE OF STATUTES
- TABLE OF TREATIES AND CONVENTIONS
- INTRODUCTION: Risky Business - Proceed with Caution
- Part One: International Perspectives
- 1. CORRUPTION – THE SHARP END OF GOVERNANCE!
- 2. THE EVOLUTION OF FINANCIAL SERVICES REGULATION IN THE UK
- 3. FINANCIAL INSTITUTIONS, GOVERNMENT, AND ‘MISSION CREEP’: Systematic Integrity in the Balance
- 4. CONFLICTS OF INTEREST IN FINANCIAL SERVICES: Judicial Development and Regulatory Rules
- 5. COMPANIES BEHAVING BADLY: Corporate Criminal Liability
- 6. THE EROSION OF CONFIDENTIALITY IN OFFSHORE FINANCIAL CENTRES
- Part Two: Jamaican Perspectives
- 7. SHOW ME THE MONEY: International and Jamaican Efforts to Suppress Terrorist Financing
- 8. RECOVERING THE LOOT THROUGH CIVIL ACTION: Lessons From The Jamaican Financial Sector Crisis
- 9. MONEY LAUNDERING IN JAMAICA: Risks, Challenges, Response
- 10. PROTECTING ‘THE INVESTING AND USUALLY NAÏVE PUBLIC’: The Securities Act of Jamaica
- 11. INVESTIGATING FINANCIAL CRIMES IN JAMAICA: A Practical Perspective
- 12. GOOD NEIGHBOUR? JAMAICA’S MUTUAL ASSISTANCE FRAMEWORK