PL EN


2013 | 129 | 127-134
Article title

Analiza kosztów przeciwdziałania praniu pieniędzy w systemie bankowym

Content
Title variants
EN
The Analysis of Anti - Money Laundering Costs in Banking System
Languages of publication
PL
Abstracts
EN
The goal of this article is the analysis of the money laundering phenomenon in banking system. There were tested the theory of crying wolf and informational Laffer curve assumptions by using linear regression. It was made the verification of variables influenced on the number of suspicious transactions reports. Statistically insignificant variables are indicators: the value of fines which can be imposed on banks in case of failure to comply with obligation to report suspicious transactions and threshold transactions to GDP per capita. There is a positive relationship between the shares of costs for the implementation of anti money laundering regulations to the total operating costs and negative influence current expenditures on the volume of suspicious transactions.
Year
Volume
129
Pages
127-134
Physical description
Contributors
References
  • P. Chodnicka: Ekonomika prania brudnych pieniędzy. "Oeconomia Copernicana" 2011, nr 4.
  • D. Masciandaro, E. Takats, B. Unger: Black Finance: The Economics of Money Laundering. Edward Elgar 2007.
  • A. Karvounaraki, M. Roudaut: Money Laundering in Europe. Measuring money laundering at continental level: The first step towards a European ambition. Executive summary. European Commission, DG Home Affairs Fight Against Organised Crime Unit 2011, s. 7.
  • H. Geiger, O. Wuensch: The Fight Against Money Laundering - An Economic Analysis of Cost-Benefit Paradoxon. "Journal of Money Laundering Control" 2006, Vol. 10, No. 1.
  • I. Hubli, H. Geiger: Regulatory Burden: Die Kosten der Regulierung von Vermoegensverwaltungsbanken in der Schweiz. "ISB Working Paper" 2004, No. 37, s. 35.
  • B. Unger, F. van Waarden: How to Dodge Drowning in Data? Rule- and Risk-Based Anti Money Laundering Policies Compared. "Review of Law & Economics" 2009, Vol. 5, Iss. 2, Article 7.
  • E. Takats: A Theory of "Crying Wolf": The Economics of Money Laundering Enforcement. International Monetary Fund 2007.
Document Type
Publication order reference
Identifiers
ISSN
2083-8611
YADDA identifier
bwmeta1.element.desklight-0fc27fde-0ee0-4ae3-93b6-d78fa4f67426
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.