Making a Killing
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Making a Killing

States, Banks, and Terrorism

Ian Michael Oxnevad

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  1. 248 pages
  2. English
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  4. Available on iOS & Android
eBook - ePub

Making a Killing

States, Banks, and Terrorism

Ian Michael Oxnevad

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About This Book

The international financial system is not only economic, but political. Making a Killing explores the often-overlooked world of terrorist financing and the involvement of the international banking system. In order to address the threat of terrorist organizations in a post-9/11 world – and how they are funded and financed in particular – the international community has constructed a vast architecture of counterterrorist finance laws, policies, and institutions.Connecting the fields of security studies, political economy, and finance, Ian Oxnevad argues that a bank's institutional link to a state (as a state-owned bank or a bank with strong state connections) will protect it from any enforcement action for violations of anti-money laundering and counter-terrorism financing regulations. In the face of states blocking such enforcement actions, these regulations prove ineffective in preventing the financing of terrorism, as the state's self-interest supersedes its interest in preventing terrorist financing. Making a Killing seeks to assess how effective new laws and regulations have been, as well as to identify best practices for future attempts to counter the financing of terrorism.

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Information

Year
2021
ISBN
9780228010029
Topic
Law
Index
Law

Table of contents