Security from Terrorism Financing: Models of Delivery Applied to Informal Value Transfer Systems

British Journal of Criminology (2016) 56: 1125-1145

Posted: 14 Aug 2017

See all articles by Clive Walker

Clive Walker

University of Leeds - Centre for Criminal Justice Studies (CCJS)

Karen Cooper

Independent

Date Written: January 1, 2016

Abstract

After 9/11, international counter terrorism financing efforts have delivered measures under both a criminal justice model and a regulatory risks model. Questions therefore arise about the delivery of justice within these respective models, alongside doubts about their capacity to yield meaningful impacts from an ‘all risks’ platform rather than a targeted criminal suspect approach. Particular reference is made to informal value transfer systems, such as hawala, which have come under sustained suspicion. This article presents original insights from a fieldwork survey of UK counter terrorism legislation and practices in order to assess their intended and, to some extent, unintended consequences.

Keywords: terrorism, IVTS, hawala, regulation, financial sanctions

JEL Classification: K10, K14, K33, K19, K30, K33, K42, N40

Suggested Citation

Walker, Clive and Cooper, Karen, Security from Terrorism Financing: Models of Delivery Applied to Informal Value Transfer Systems (January 1, 2016). British Journal of Criminology (2016) 56: 1125-1145. Available at SSRN: https://ssrn.com/abstract=3017153

Clive Walker (Contact Author)

University of Leeds - Centre for Criminal Justice Studies (CCJS) ( email )

Leeds LS2 9JT
United Kingdom
44 (0) 113 3435022 (Phone)
44 (0) 113 3435056 (Fax)

HOME PAGE: http://www.law.leeds.ac.uk/people/staff/walker/

Karen Cooper

Independent

No Address Available

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