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.
'Students, academic lawyers and legal practitioners will welcome this excellent book. In the aftermath of the global financial crisis, attention continues to focus on the role played by financial crime. The subject is extremely fast-moving, and acknowledging the developing response to tax evasion, publication of the second edition is extremely timely.'
Jonathan Fisher QC, one of the UK's leading barristers in financial crime cases
'This new book should whet the appetite of university students in the UK. It is serious 'food for thought.''
Sally Ramage, The Criminal Lawyer
Comments on 1st Edition:
'It is well-written, well-researched and academically stimulating; it is one of those rare texts which you could read in one go... a key text for anyone interested in the legal aspects of financial crime in the UK.'
Student Law Journal
'This book comprehensively and from a practical perspective addresses financial crime in this wider and more relevant context. It provides the reader with not only the substantive law, but sets it within the relevant regulatory and enforcement environment. This work is a vital tool for anyone concerned about protecting the integrity of their institution and bringing fraudsters to book!'
Barry Rider, Centre for International Documentation on Organised and Economic Crime (CIDOEC), UK
'This is a much needed and most timely book. Financial crime is a subject of increasing importance which can no longer be ignored. The authors have produced an excellent text addressing topics such as fraud, insider dealing and market abuse in a manner which combines thoroughness with accessibility. I unhesitatingly recommend the book to students as well as practitioners who are beginning to develop an interest in the subject.'
Jonathan Fisher QC, London School of Economics, UK
'Karen Harrison and Nicholas Ryder have made a major contribution to advancing our knowledge of this increasingly important area of law by providing excellent ideas and recommendations for the future. The authors are to be congratulated for their efforts and the book deserves to be widely read.'
Roman Tomasic, University of South Australia and Durham Law School, UK
