Effectiveness of the Anti-Money Laundering and Counter-Terrorist Financing Legislation as a Determinant for Asset Confiscation and Freezing Sanctions

• Authors: Kurilovská, Lucia , Kordík, Marek

Abstracts

EN

The paper deals with a  national risk assessment. The subject of  the risk assessment is money laundering and terrorism financing. This is the first time it has been conducted in the Slovak republic. The contribution shows what are the decisive criteria in evaluating the national system of anti-money laundering and terrorism financing. The  first variable that needs to be taken in account is measures examining the legal framework. The second variable is the institutional framework. The competency of personnel represents the third variable. The infrastructure creates the fourth variable in order to prevent, avoid and respond to such a threat. The other variables are strongly related to the effectiveness of the sanctions. The infrastructure belongs to the other variables. The contribution deals also with data sources and lists those that should be used as a source for further evaluation. The outcome of the NRA will be a comprehensive report.

Keywords

EN

effectiveness; criminal proceeding; confiscation of assets; sanction; punishment through the confiscation of property; vulnerability; imposition; statistics

• Publisher: Wyższa Szkoła Policji w Szczytnie
• Journal: Internal Security
• Year: 2017
• Volume: 9(2)
• Pages: 119-135

Dates

published

2018-07-04

Contributors

author

Kurilovská, Lucia

author

Kordík, Marek

Identifiers

DOI

10.5604/01.3001.0012.1707