Terrorist Financing, Money Laundering, and Tax Evasion Examining the Performance of Financial Intelligence Units

The Organization of Terrorism and the Reorganization of Intelligence
The Roots of Religion-Based Terrorism
The Middle East
The United States of America
The Indian Subcontinent
Northern Ireland
South America
Recent Developments in Counterterrorism
Legislation and Surveillance
Law Enforcement
Intelligence Reform
The Next Steps in Intelligence Reform
Balancing Counterterrorism Action with Civil Liberties
Cross-Training Intelligence Personnel to Enhance Coordination
Providing Incentives for Cooperation and Disincentives for Failure

How Financial Crime Is Committed: The Source of Funds
Terrorist Financing
State Sponsors
Individual/Corporate Contributors
Nonprofit Organizations
Government Programs
Illegal Sources
Money Laundering
Tax Evasion/Fraud
Stopping Terrorist Funding: Laws, Directives, and Multilateral Agreements

How Financial Crime Is Committed: The Transfer of Funds
Financial Institutions
Wire Transfers
Financial Instruments—Securities
Insurance
Informal Fund Transfer (IFT) System
Charity
Commodities
International Trade
Offshore Tax Havens and Financial Centers
Alternative Remittance Systems (ARS)
Stored-Value Cards
The Internet and Digital Currency
Cash Couriers/Smugglers
Casinos
Real Estate

Performance Measurement, Risk Management, and Managing Performance Using the Balanced Scorecard
A Primer on Performance Measurement
The Role of Performance Measurement in Countering Terrorism and Terrorist Financing
Risk Management
A Derivative of the Balanced Scorecard
Performance Management of Financial Intelligence Units
Introductory Questions
Questions Based on the Balanced Scorecard Approaches
General Questions
Comparative Question
Technical Question

An International Focus on the Fight against Financial Crime
The European Union
Spain
United Kingdom
The Netherlands
North America
The United States of America
Canada
Asia and the Pacific
Australia
India
Latin America and the Caribbean
Latin America
The Caribbean
The Middle East and Africa
The Middle East and North Africa (MENA)
The Rest of Africa

Financial Intelligence Units: Monitoring Resource and Process Outcomes
Resources
Technology
Manpower
Financial Resources and the Return on Investment
Work Processes
Strengthening Stakeholder Relations
Tightening Work Protocols

How to Better the End Outcome of the Fight against Financial Crime
Survey Results
The United States as a Terrorist Target
Process and Resource Outcomes Are Vital to Financial Intelligence Agency Performance
Metrics Used to Track Performance Must Be Definitive
Current Challenges Facing FIUs
Overcoming Administrative Impediments
Increasing Communication
Determining Direction for the Future
A Final Word

Index

Biography

Jayesh D'Souza

"The book is great and I have required it of my students this semester."
—Moyara Ruehsen, PhD, CAMS, Monterey Institute of International Studies Graduate School of International Policy & Management

" … the book’s objective is remarkably difficult, if not impossible, to achieve. Nonetheless, [it] elucidates a complex field with text that is easy to understand, and it is rich in examples, citations, and exhibits."
—Courtney Banks Spaeth, CEO of National Security Associates Worldwide, in Security Management

"As a guide to the problem, Terrorist Financing, Money Laundering, and Tax Evasion is a valuable source."
—Intelligence Officer’s Bookshelf, CIA website

"Especially interesting are the author’s discussion of how financial crime is committed and the application of a "balanced scorecard" method in measuring programmatic effectiveness in countering terrorist funding."
—Joshua Sinai, Perspectives on Terrorism

" … a very useful, interesting, and stimulating project. For anyone wishing to know something about terrorist financing, developments in counter terrorism, and the work of all the organizations that operate in this area, I highly recommend this book. … contains a lot of interesting facts and figures and is really excellent in showing the relevant case studies.
—Friedrich Schneider, Johannes Kepler University of Linz, Austria, in International Criminal Justice Review