The Robustness of EU Financial Crimes Legislation: A Critical Review of the EU and UK Anti-Fraud and Money Laundering Scheme

38 Pages Posted: 2 Aug 2016 Last revised: 14 Jan 2019

See all articles by Ester Herlin-Karnell

Ester Herlin-Karnell

Uppsala University

Nicholas Ryder

University of the West of England (UWE) - Bristol Law School

Date Written: May 1, 2016

Abstract

The paper investigates the European Union’s (EU) fight against crime as partly one of establishing the EU as an “Area of Freedom, Security and Justice” (AFSJ) and partly one of facilitating the EU internal market. We discuss the EU law on the fight against fraud and money laundering by zooming in on some recent and pertinent legal measures such as the Fourth Money Laundering Directive and the recent proposal for a Directive on Fraud. In addition, we address the key challenges in the United Kingdom when complying with the EU guidelines and possible consequences of Brexit.

Keywords: Financial crimes, fraud, money laundering, EU, UK European public prosecutor

Suggested Citation

Herlin-Karnell, Ester and Ryder, Nicholas James, The Robustness of EU Financial Crimes Legislation: A Critical Review of the EU and UK Anti-Fraud and Money Laundering Scheme (May 1, 2016). European Business Law Review, 2017, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2816980 or http://dx.doi.org/10.2139/ssrn.2816980

Ester Herlin-Karnell (Contact Author)

Uppsala University ( email )

Box 513
Uppsala, 751 20
Sweden

Nicholas James Ryder

University of the West of England (UWE) - Bristol Law School ( email )

Frenchay Campus
Coldharbour Lane
Bristol, BS16 1QY
United Kingdom
0117 32 81349 (Phone)

HOME PAGE: http://people.uwe.ac.uk/Pages/person.aspx?accountname=campus%5cnj-ryder

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