Financial Governance, Money Laundering and the International Law’s New Clothes

• Authors: Menkes, Marcin

Abstracts

EN

Ever-closer ties between states have gradually transformed the international legal environment. It is high time that two principle governance methods of regulatory coordination, already widely practiced, are acknowledged and included in the fibre of public international law. This paper scrutinises the timing, mechanisms and the possible range, given legitimacy concerns, of such a change. The author argues that the tangible nature of economic activity renders international economic law as the natural avant-garde for a larger overhaul of the regulatory system. European anti-money laundering efforts are used as an example of this wave of governance, which has been left unnoticed by traditional international law analysis. Denying reality does not make it less real.

Keywords

EN

money laundering; AML; international finance; international economic law; economic governance

• Publisher: Szkoła Główna Handlowa w Warszawie. Kolegium Zarządzania i Finansów
• Journal: Journal of Management and Financial Sciences
• Year: 2016
• Volume: 25(3)
• Pages: 23-42

Contributors

author

Menkes, Marcin